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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (3694)7/28/2000 11:14:00 AM
From: Boplicity  Read Replies (2) | Respond to of 6974
 
A close below 135 will set up a drop to 110 to 115 area, the up-trend has been broken. Given the speed SEBL has dropped I do not expect a recovery anytime soon, in fact all rallies will be sold into. I fully expect the whole market to go back down to the April lows, this would bring SEBL to the 80's once this occurs. Baring some unforeseen news, I will be looking to see if SEBL will flat-lining along with the rest of the market once it reached it's bottom.

G