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Technology Stocks : Siebel Systems (SEBL) - strong buy?

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To: Ben Wood who wrote (1079)2/5/1998 11:11:00 AM
From: lazar921  Read Replies (1) of 6974
 
Agree Ben....no real headway is being made here in a terrific mkt over the past few weeks. All technical indicators are screaming overbought and I would expect some profit taking here as the trend is stalled. Can not seem to break 50. That with tomorrow 2/6 being fri following a great few weeks I would think there will be profit taking the attempts at coming back from the down days recently have been weak and employment #s come out fri 2/6 which usually add to an excuse for profit taking. I think the rally is drying up and big money will pull profits soon, in fact has already started. The top is in on it for now...expecting pullback to 46 -47 area AT LEAST.
thoughts?
jeff
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