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To: sea_urchin who wrote (31081)	4/2/1999 1:37:00 PM
From: John Hunt	Read Replies (3) \| Respond to of 116763

Re XAU Chart Hi Searle, The weekly XAU chart looks like a bullish reverse head and shoulders is forming, particularly when you look at the improving MACD (higher lows) as a proxy for the missing volume that is necessary to confirm the H&S. iqc.com IMHO, blue skies are on the horizon. :-)) John

To: sea_urchin who wrote (31081)	4/2/1999 1:47:00 PM
From: long-gone	Read Replies (3) \| Respond to of 116763

Just heard the Pres. talking about how good time are: BP plan to cost 400 jobs Arco projects on track BP Amoco and Arco announced Thursday that the proposed $25.6 billion merger between the two oil giants will lead to about 400 layoffs in Alaska. All current Arco Alaska Inc. projects in Alaska will continue unaffected by the merger, said Dick Olver, head of exploration and production for BP. Olver also announced capital spending plans of $5 billion over the next five years in Alaska, slightly ahead of spending in the past five years. (cont) adn.com Wonder what % of the state economy of Alaska is represented by these 400 jobs??????

To: sea_urchin who wrote (31081)	4/2/1999 2:38:00 PM
From: Broken_Clock	Read Replies (2) \| Respond to of 116763

Searle, Digi showing a classic triple bottom with one failed attempt to breech the 2 year downtrend. In the Japanese candlestick patterns ths is considered a three rivers bottom(it couldn't look any better on the weekly POG) and is extermely "bullish" looking for the rest of this year. I wouldn't be surprised by TB's "final 9th wave washout capitulation end of bear death to bulls" bottom but I lean towards a strong rally from here on out. commoditytrader.net See you on the upside!