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To: Gary Burton who wrote (36697)	2/3/1999 7:10:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

Gary, one additional matter to consider is that the OSX would certainly have taken out your target of 48 and change if SLB hadn't held about 15% above its lows. While SLB is a component of the OSX (the largest), it also is a component of the S&P 100 and 500, which have been in raging bull markets. Inflows to the S&P averages may have found their way to SLB, causing it to rise in contrast to other OS stocks (or fall less than it otherwise would have), and thereby distorting the performance of the OSX. I'm guessing that since EW is pure TA, it doesn't care whether one index affects another. And there is still the matter of crude futures not satisfying your wave criteria. In any event, I have nice positions in FLC, FGI and RON, and added VTS today. I don't feel a monster move is in the cards, but I'm in this for the long haul, so a drop to new lows is just another buying opportunity.

To: Gary Burton who wrote (36697)	2/3/1999 10:04:00 PM
From: A. Geiche	Read Replies (1) \| Respond to of 95453

Gary: you are double wrong! Slider is a lost man. You got him. He is already in the web of your waves; even study them. What a pity! Actually, everyone here is wrong, for one of the most promising OS stocks is SESI, and you, folk, do not want even to know that.

To: Gary Burton who wrote (36697)	2/4/1999 5:17:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Gary: I always read your posts with great interest. After all, you've you've been making some pretty hot calls on oil lately. If you would allow me to paraphrase - scenario's 1 and 2: Oil and Osx are far far closer to a bottom, then they are to a top. My very feeble attempt at intelligence. <gggggg> Okay, so it looks like scenario 1 is in the making. C'mon Gary, Stick your neck out, give me the penultimate final low for oil. $10, $9, $8, $7, $6, $5, $4, $3, $2, $1, $0, or will the Arabs have to pay us to burn their oil? <ggggggg> But seriously, I'm interested in your Ewave analyses on US Tbond prices. It seems like there is a war going on between oil traders and bond traders as to who can sell faster. Somethings gotta give here. The yield curve is now definitely assuming a positive slope in anticipation of a pick up in inflation. Who is right? Oil traders or bond traders? Now matter what your response, I refuse to bash Elliot or you. Thanks in advance.