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Technology Stocks : Computer Associates
CA 24.990.0%Dec 18 4:00 PM EST
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To: Dushyant Narayen who wrote (3069)12/18/1998 4:08:00 PM
From: BostonView  Read Replies (1) of 5232
 
Since your last post (Mon.) it appears CA is caught in a bull/bear battle, with each group taking over on alternating days. There may also be a little (gulp) tax-loss selling going on, a rare event for CA. The stock hasn't been behaving well ever since it failed to cross its 200 dma earlier this month.

In summary, I haven't got a clue. But, I'm still ready to pull the trigger for a position trade if/when it breaks below $37.

BV
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