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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: marc chatman who wrote (36945)	2/5/1999 5:42:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

Marc- I agree with you, particularly if the OSX firms Monday am and prints even 1 tick above Wed's high. Not far away. To my mind, that would end 5 waves up from the recent low in the 48's amid falling oil prices and signal that the retracement of such wave-which might begin later Monday if it takes Wed's high out in the am--should then base above the 48ish low and then trend higher yet again. I was quite impressed with the action in many osx stocks too.Sending a signal. We follow the oil prive down except for the last wave since we know it's the last wave Scenario 1 for Oil maybe (new low below 11.10) and Scenario 2 for OSX (we're not following this time). I may load up again before I go away. Love the action in PDE-a print of 6.38 would likely confirm the turn. I may even buy a 150% position in VTS if it dips a bit more (already own a 100% position). Not too confident of PGO yet. Most of the large money I made in early Jan was in trading VTS and PGO.