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To: Gary Burton who wrote (33282)	12/21/1998 3:32:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<I do not like the fact that the OSX has not yet taken out its low as its screws up my count-a lower low would be best from an EW standpoint.>> That could still happen. Probably what is screwing it up is that some of the largest components like SLB and HAL, which are several points off their lows, are also S&P components, so any index-related or similar buying of the S&P could be propping up these issues. If the broad market sees a little profit taking, perhaps we will see a lower OSX. Of course, the way people are lining up to throw money at this market, the notion of a down day could be outdated.