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To: Harlan Moore who wrote (31907)	11/17/1998 11:05:00 PM
From: shane hartman	Respond to of 95453

API News 11.17.1998 9:54 PM U.S. CST API: U.S. REFINERY OPERATING CAPACITY DOWN 0.4% AT 95.2% API: U.S. DISTILLATE STOCKS RISE 1,206,000 BARRELS API: U.S. MOTOR GASOLINE STOCKS RISE 3,527,000 BARRELS

To: Harlan Moore who wrote (31907)	11/18/1998 12:19:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

Check the site again today osxstocks.com The few buy signals we have had already are too soon. That's why I like to wait until I get confirmation from a significant number of individual stocks and the OSX itself. I expect (unless we get declines in the 5 to 10% range everyday) to get more buy signals at the end of the close today and tomorrow. I've covered my short in FLC already today. I will cover my shorts in VRC, VTS, ATW, PDE if they go down around 10% or so today. Otherwise, I'll wait until the buy signal becomes more imminent. It may take longer for my boat shorts CKH and TDW. The boats have done very well during this down-cycle. I wonder if this reflects real strength, or maybe they will just be delayed in their decline.