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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (7976)	3/29/1999 11:01:00 AM
From: Thean	Read Replies (1) \| Respond to of 14427

Mike, I plan on selling VTSS when they hit $50-51. Don't think why they should break through this resistence in this cycle. The OSX stocks are in the thick of the high expectation, don't-want-to -be-left-out phase. Oil needs to crack through $16 1/2 to provide further fuel for this rally. If oil can't break above $16 1/2 in a week, the sentiment could start to change to negative again. So be prepared. Last March-April it took 6 weeks after OPEC's announcement before oil finally turned around. But that six weeks was a very good period of almost all things energy related, including the drillers. Therefore, I think the OSX has some more legs left but we are chasing in a much more higher risk territory now. The longer oil could not break above $16 1/2, the higher the risk of the overbought condition for the OSX. Where is big D?