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To: Broken_Clock who wrote (16876)	3/27/1998 1:43:00 PM
From: bw	Read Replies (3) \| Respond to of 95453

Really short-term view: If an agreement is reached by OPEC this weekend..seems like a no-brainer that we go up, and the DOW goes down..Investing in this contrarian sector will mean that the opposition will try to protect their gains with alot of negative hype about rising oil prices...It's Us vs. the Establishment [to us paranoid 60's types]. Instead of focusing on retracement from the recent gains, why not look at the 52 week highs and work backwards...

To: Broken_Clock who wrote (16876)	3/27/1998 1:52:00 PM
From: SJS	Read Replies (2) \| Respond to of 95453

I agree. NE today has a size buyer at 32 1/4 and they just keep putting stock to him. The stock hasn't moved for about 30 minutes. It's come back more than most of the stocks to October levels, although 2 weeks ago it was 23 7/16. That a HUGE move in 8 trading days... What's your call on UTI's upside? Gonna do 100%? I'm trying to determine risk/reward, here. 10% downside risk (16) for 50% more upside (27) is reasonable. What are you looking for on the upside? PS: I think that GLM is getting cozy with 26, and may use this as a new base from which to move from.