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To: Lucretius who wrote (17595)	4/1/1998 11:44:00 PM
From: drsvelte	Respond to of 95453

Oil up & S&P futures down: mrci.com

To: Lucretius who wrote (17595)	4/1/1998 11:51:00 PM
From: marc chatman	Respond to of 95453

OT >>but the broader mkt looks to be pulling back tomorrow?<< As someone looking for a buying opportunity, I'd like to think the market would come down tomorrow. But the worse the news, the better this market likes it. The Nikkei was down yesterday as well, and the market here didn't seem to mind. We seem to be moving more in step with the European markets. Of course, the long term fallout from problems in Japan is another story.

To: Lucretius who wrote (17595)	4/1/1998 11:53:00 PM
From: RGinPG	Read Replies (2) \| Respond to of 95453

One bad part about being out is I can't root for the sector with you now. I've looked at the charts and come up with a conclusion: I am either really right or really wrong. Tomorrow will either be a continued positive power move, or a continuation out of the overbought into the oversold. (I know which scenario you have in mind). Either way, I will eventually get another buy signal, and that's when I'll get back in. I'm not chasing the OSX to the sky, I'll wait until it falls back into my lap, even if it is at a point where I missed out on 20% or so. I went back over my thinking, and I think I was right to sell, just foolish to sell everything. Another lesson learned.

To: Lucretius who wrote (17595)	4/2/1998 7:46:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

OT Japan down big; HK down; the rest of Asia solidly down. Yet Europe is solidly up across the board. S&P Futures neutral. I suppose if Europe ignores Asia, this bizarro market will. Of course, in a world where good news is bad and bad news is good, I suppose the market will find some problem with the Jones case dismissal. Perhaps a slow start and then a flurry of buying when the fund managers realize their cash is burning a hole in their pockets. Closer to topic: things look pretty good here when the newest competition for bottom-fishing seems to be disk drive stocks, semiconductor manufacturers and semi-equipment manufacturers, many of which are hemorrhaging cash and few of which are growing.