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


To: Boplicity who wrote (3775)8/15/2000 9:44:28 PM
From: BI*RI  Read Replies (2) | Respond to of 6974
 
<< Anyone with guts would short now.>>

I just did a gut check.

Sure looks like I might qualify...............Geez, the beers on the beach and home fries at breakfast this summer sure have taken their toll.

To hell with SEBL, I'm shorting SUDS, FAT, PASTA, & SOFA, and going long VEGS, SALAD, TOFU, TAE, & BO.

marc@losinghisboyishfigure.com

and

marc@turningfiftyisabummer.edu



To: Boplicity who wrote (3775)8/16/2000 2:21:42 PM
From: Boplicity  Respond to of 6974
 
The right shoulder of head and shoulder top is normally made on low vol. SEBL chart fits this to the T.

stockcharts.com[L,A]DACLYYMY[DC][PB50!B200][VC60][IUH40,5!LA12,26,9]

The reasoning is as follows. Low vol. is a indication of lack of conviction behind the investor that might want to buy. Also, as the stock fails to move beyond the top of the shoulder, weak investors begin to worry about getting out. One should see a pick up of vol. as the stock starts the downward move.

Greg