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To: Gary Burton who wrote (42811)4/20/1999 10:45:00 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Gary, I've been trading for fifteen years, and it is rare that I have seen such a powerful move treated with such intense scepticism, that alone convinces me this bulls got legs.

Facts

1. Virtually every stock in this sector has decisively broken their long term down trend lines on heavy volume

Bullish

2. The leadership stocks are now trending.

Bullish

3. The laggard stocks are now forming the same explosive bullish bottoming patterns of the leadership.

Bullish

4. The longer term moving averages have mostly turned up.

Bullish

5. The longer term fundamental supply and demand figures have turned decisively bullish. May will be an interesting month don't you think?

Bullish

I could go on and on. But whats the use. Nobody will call this a bull market until 140 is breached and by then it will be way to late. I suppose there are those even now who contend that SLB is in a "trading range". Every chart I look at says I double my money at OSX 90. 140 is not necessary for me to laugh all the way to the bank. And rest assured, I do have sell points, I am not a fool. Anyway this will be my last post for a while, for I consider my work here as essentially done.

Thank you for your E wave work, and to all the magnificent posters here, from whom I still continue learn. My most earnest conviction here is that if there ever was a time NOT to sell this sector, this is it.