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To: E. Graphs who wrote (30872)	10/19/1998 1:38:00 PM
From: DavidG	Respond to of 95453

E! It looks like SLB needs to close the gap of last week maybe coming down to re-test 47. As far as RON a retest of 30 off that move on Friday to 36 also looks necessary. I am looking at SLBAK and RONBG. May buy some today if there is a little more down movement. OIL down more than 1/2 buck. If it stays this lower are sinks lower these stocks could really sell off at end of day. There is enuf volatility and volume to trade these wide swings. Would like to see it this way for rest of year.<g> BTW...all that resistance coming together at the NAZ SPX500 and SOXX all look like a lot to overcome right now. Did you ever look into how these trendlines, 200dma ever get broken? all at same time, NAZ first or SPX...etc?? Good Luck Trading DavidG