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To: BigBull who wrote (44367)	5/9/1999 8:21:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Good post, Bull. Welcome back to a kinder, gentler SD. Be a good boy. Diana is watching.<vbg> All still trade above their 50 dma When you use the moving averages, aren't you saying that a long-term bull trend is in effect and will only be interrupted by shallow downturns ? It seems that in any sharp correction, waiting for 50 or 200 SMA crosses would probably result in loss of the greater portion of recent gains. I've been very surprised to see how well the MACD performed during the last year. My chart shows RIG being traded for a small gain using MACD during the last year while the stock declines 50%. tscn.com Trading RIG for the last year using MA's would have probably had a 20-35% loss. That period was really a ten-month decline punctuated by short, sharp rallies followed by a strong two-month rally. Not sure how the MACD would work in a sustained uptrend. Probably not as well as moving averages. The MACD monthly charts are only now issuing BUY signals Isn't that saying the monthlies react too slowly to a change in direction in a volatile sector? It looks like the monthly would have kept you out for most of 1998. Now thats good...hmmmmm. Best, John

To: BigBull who wrote (44367)	5/9/1999 10:44:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Potential laggard outperformers - FLC, IO, OLOG. Corrections to linked post first. Paragraph 1 sentence 4 should read dip into 200 & 50 dma CROSS. Paragraph 4 sentence 2 The zoom button is on the right - duuhhhhh! The MACD montly indicator is for confirming major trend change purposes only. But it worked beautifully on the sell side. FLC the chart investor.msn.com My God, look at that volume build! This is an explosion waiting to happen. I bought friday all morning. Ave price 10.5. IO the chart investor.msn.com Short term target 11. Longer term to close the gap at 15. BW article on io as takeout candidate this week, highlighting the companies "undervalued" status. The insiders biz.yahoo.com A post from a "reasonably conservative" yahoo poster. Have no idea about the SLB connection, but enough accurate info here to merit posting imo. messages.yahoo.com OLOG the chart investor.msn.com 2 month target - Novy high 17-18. the insiders biz.yahoo.com The big plus here is buying is company wide. Gotta go to my night time job. Good luck, and good trading