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To: marc chatman who wrote (38566)	3/1/1999 11:54:00 AM
From: Gary Burton	Respond to of 95453

Marc-re OSX--My trading software is still targeting the low 40's for THE low, but I'll be on guard anywhere below 45.53 (the current low). I want to see 2 things--first a break of 45.53 (to confirm this is the last wave down as it will be a new low and therefore not simply a continuation of the triangle we've been in for some months now)---and AFTER that, a rally ABOVE 48.52 on a print basis to tell me that the wave was not extending on the downside (48.52 was the bottom of an earlier subwave in the wave sequence that started down from the62.10 at the early Jan peak)-----If we bottom above 45.53, the entire sideways structure may simply be extending a bit furthur with the final low wave still to come. that would suggest the mar23 mtg would be bad and people would only then start to sell the issues off in the final wave down to the low 40's. ---Obviously, I'd prefer to see a new low now and a then a trade above 48.52 all before the opec mtg as that would suggest a positive outcome. we shall see.