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To: pz who wrote (17656)	12/5/1998 1:18:00 AM
From: Larry S.	Respond to of 53068

Oils, CPQ: - Paul, I have thrown in the towel on oil and oil services, holding HAL and GLM, but sold my mutual funds in that sector. The fundamentals on the sector are just dismal. ( I did buy some OXY on spec that it would be next after XON/MOB), but looking for exit there. Sorry that things are so rough in that sector for you and your cohorts. CPQ - 207.95.154.130 very powerful chart, IMO. After spending more than a year in the 23-39 trading range, the stock is challenging its all time record of October 97, this 37-40 range is critical for the stock, and looks like it will be taken out. I view the last 14 months as a major basing period. I added to long time position in CPQ today at 38 1/2 ( I love buying at highs !!) in anticipation of a move to mid to high 40s very quickly. If the institutions get behind this stock again, look out. Michael Dell can dismiss CPQ's going direct, but it is a very powerful force. Plus, CPQ has the best mass marketing name and prices. the big mac of computers. Larry

To: pz who wrote (17656)	12/5/1998 1:27:00 AM
From: Larry S.	Read Replies (3) \| Respond to of 53068

Chat: Real Stocks ( or metamorphosis # 34): - AFter playing the net stocks for the past few weeks, mainly very sucessfully, I am coming back to my old investor roots/insticts of just buying good stocks and, gasp, holding them. Got burnt by ONSL and CYCH some. Am scratching my head figuring why i am F**king around the trash when LU, INTC, MSFT, GE, BMY, CSCO, JNJ, USW etc are FLYING !!!!!!

To: pz who wrote (17656)	12/5/1998 8:38:00 AM
From: Ron McKinnon	Read Replies (2) \| Respond to of 53068

Paul, thanks I ran my weekend charts and was taking a close look at this sector for what seems to be the 100th time most are at triple bottoms or new multi year lows with the gloom and doom and the last of the year end tax selling coming up I was beginning to think about some buys for a hold of some duration are many of them at the point were they will no longer be profitable? will some cease to exist? am I kidding myself to be looking at any of them? from a chart perspective they are tempting examples: GLM hit a bottom in Aug sat for 3 days went up 50% 3 days later hit bottom again Oct sat 2 days up 50% 2 weeks later back to the same price bottom now FLC bottoms in Aug and Oct 50% gains from both HMAR 50% gain from the Oct low similar charts on: FEN KCS omni pde pkd pten rig sdc uti also KEG NSS VTS new one, WFT what is the downside on these from here? if the gains before were say 30-60% is it unreasonable to think that 20%++ is not possible this time? is the upside not greater than the down if I were to buy a basket of them and use VERY tight sell stops? I am very tempted; do I cover my buy button or not?