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To: DavidG who wrote (30763)	10/16/1998 1:41:00 PM
From: E. Graphs	Read Replies (2) \| Respond to of 95453

DavidG, I am gambling here. I liked the double bottoms showing up all over the place.....from the big industry charts on down, the whole sector saying "testing.....testing". I traded the first bottom successfully. Still haven't decided if this next one is going to stick, so I've put a few shares aside just in case, but I'm mostly trading. So, on SLB GLM RDC, and a host of others, we have the same thing (unfullfilled dbl btm formations) and it's a toss from right here. Risk/reward is real sweet, though. For SLB I get resistance at 54, break that see 66; and on the other two GLM RDC I get ~13 7/8 -14 for poss quick trades (I'm in GLM @9+). Also, watching the big charts.....poss H&S tops on Dow and Naz. Right shoulders in the works now. Rgt S tops @~8500 (poss 8700) Dow ...... ~1649 (poss 1750) Naz. If we back off from these numbers we could/should retest the necklines (Dow @~7400....Naz @~1490) and I wouldn't be surprised if they snap (or maybe AG will come out with another 1/4 point at that time), either way may be yet another chance to get in lower....if we break necklines, I target Dow ~6000 then ~4100, Naz ~1175 then ~955........ajmho. [OT] Have VTSS! just sold most @27), had been holding since the dip. Plus, on MU ...check out the RH&S on the weekly, neckline at ~35......break that and see heaven! <seriously!> Good Luck Trading, E