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To: Poet who wrote (7311)5/4/2000 10:06:00 AM
From: RocketMan  Respond to of 8096
 
On SEBL, I am only playing it for its S&P move, but it's good to know that others have looked at its fundamentals and TA and like it. My own TA is that it is signaling buy on macd, but that could change if the overall market goes down. Stochastics is toppy, but that indicator can remain in an overbought condition for a long time when a stock is in a bullish pattern. Agree on the 130 resistance. If the market stays reasonably healthy this month, index buying should move it through that level and up to its next resistance of 140, at which point I will probably bail. On the downside, I see support around 108, so I have a stop there and will bail if it breaks that.