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To: Gary Burton who wrote (33248)12/21/1998 8:43:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Thanks, Gary. Actually, my original timing was to start buying this week. I'm playing it day-to-day. I've been looking for new lows as well to set up a MACD divergence on the daily charts (we already have one on the weekly charts).

By the way, do you do E-wave reads on currencies? Movement in the dollar could be a key to movement in crude prices.



To: Gary Burton who wrote (33248)12/21/1998 1:57:00 PM
From: BigBull  Read Replies (3) | Respond to of 95453
 
Gary: So far your ewave call is coming up Roses and Lolipops.

Jan 99 crude hit $10.35 and hasn't looked back since. The Slobber is also doin a 180. If things hold and we get a reversal day here, I will bow, genuflect, and prostrate myself before the ghost of Elliot.