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To: Gary Burton who wrote (36933)2/5/1999 5:13:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Gary, PDE made a hammer candlestick on high volume. That is one indication of a bullish reversal. Of course, it is not a perfect indicator, and it would be safest to await confirmation on Monday, but I like the looks of it. I wasn't contemplating buying PDE, but I'll look at the big picture over the weekend and decide on it next week.

I'm very bullish now. I'm thinking now that even if the March contract touches below $11.10, the OSX will not see new lows. After all the effort you have put in, I hope you get the opportunity to reap the benefits before you take off (if there are to be any benefits).