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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Terry Backlund who wrote (27324)	3/11/1999 3:34:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79270

Terry, SESI looks like a good, relatively quick move that's probably at least nearly halfway over. The oil stuff is sitting on OPEC expectations but even if the word "cut" comes out of the meeting, it remains to be seen if it'll be a meaningful cut in production. I'm going to hold off on all theseextremely "low" oil stocks until I see some MIMs and eventually MIMBOs. That would be months from now though and there's likely to be a good trading opportunity on the run up in a MIM. That could be starting here but it remains to be seen. Doug R