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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Stockdoctor who wrote (49565)	4/10/2002 12:04:48 PM
From: Joseph Beltran	Respond to of 99280

this could be the trouble with software: 11:27AM Siebel Systems falls on Bloomberg story -- traders 25.59 -1.97: -- Update -- Traders attributing intraday flop to Bloomberg story that Siebel expects 100-200 information technology companies to close this yr due to weak software demand. Speaking at a presentation in Madrid, co reported to have called Q1 possibly the worst in industry history 11:22AM Volume Alert: Software Sector : Siebel Systems (SEBL 24.94 -2.61) nose dives intraday on a significant increase in volume. SEBL weakness is weighing on the remainder of the software complex; MERQ, PSFT, VRTS, JDEC, DCTM, MANU have all come under heavy sell pressure in the last 5 minutes.

To: Stockdoctor who wrote (49565)	4/10/2002 12:09:48 PM
From: 4rthofjuly007	Read Replies (1) \| Respond to of 99280

I think something is going on with SEBL.

To: Stockdoctor who wrote (49565)	4/10/2002 12:24:50 PM
From: LTK007	Read Replies (2) \| Respond to of 99280

Laszlo Biringyi--a fellow i have learned to LISTEN too when it come to TREND. Has just given hard advice for trend players. He sees a trendless market for the rest of the year. For swing traders, you have to be good, and if you get 10-15% gain don't be afraid to BAIL. He also says the BUY/SELL programs are making matters hell, so if you want any peace,AVOID large caps, they are being run by the computers.(exactly what i have been saying:) For the investor he says just buy stocks that give dividend Protection and named, Eastman Kodak,Alliance capital,Phillips Petro and "something else". He says, no one seems to be buying the recovery spiel.If you went by projections given it would be a buy the market, but it is NOT being bought and that's the reality.Biringyi is a great believer in DON"T fight the tape. Max