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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (66391)	1/9/2001 2:48:52 PM
From: mtnlady	Respond to of 99985

Thanks LG. Trying to put my 'TA' hat on now to understand it. Could I be looking at another version of NTAP's chart except that NTAP 'broke' off of it's high earlier than SEBL? One thing that does stand out and that's that I may have a shot at SEBL in the low 40's if this market breaks down further. That 'jives' with what I'm picking up from a non TA stand point. Siebel consolidating and moving into the mid/high 70's if we get any spike at all from the market. If the market tanks and goes to 2000-2100 we could see mid to low 40's in SEBL. Siebel is one of the last stocks to 'break' in this market. Hopefully that means it's one of the first ones back up... <g>