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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: augieboo who wrote (16161)2/7/2003 12:48:04 PM
From: Lizzie Tudor  Read Replies (1) of 19219
 
well, beas has always been in a nasty competitive position wrt IBM and Oracle and that caused the october low in the 4s.

But the good news for beas is that it is a software stock so the entire sector isn't collapsing... orcl, sap up today. Not that these guys are on fire to the upside but they are holding/maintaining. So if I can get the lows on these softwares I'm fairly sure of a recovery. Not so the SCEs
Lizzie
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