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Technology Stocks : SIEB Siebert Financial Brokerage
SIEB 2.740-1.8%Nov 3 3:59 PM EST

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To: James C. Mc Gowan who wrote (241)4/15/1999 4:11:00 PM
From: Sun Tzu  Read Replies (2) of 284
 
Believe it or not, today's action was not too bad. I used my personal indicators to look at the intraday chart of the last two weeks, and I was glued to the tape today. Here are the conclusions:

- 35 is an amazingly strong support level.
- Almost anyone who bought SIEB today made money (amazing isn't it?)
- We have some serious resistance between 39 and 42, but it is surmountable.
- JBOH, which is in the same league, though not as good, closed up on the day, so the picture is not as dark as it may look on the daily charts.

Good Luck,
Sun Tzu
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