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

To: kahunabear who wrote (1088)	2/5/1998 11:06:00 AM
From: lazar921	Respond to of 6974

Agree...in a great Mkt the last 2 weeks (as of this writing, it's giving back)...SEBL has stalled. I would look for profit taking. Momentum indicators are headed straight down and yesreday a 14 day RSI turned into < 70 area. I think a drop is on the way, and the euphoria will be over and the bottom line is that it IS overbought...stochastics in the 80 range. I would expect profit taking in the mkt fri 2/6 and that w the technicals on SEBL should pullback into 46 range near term. I would not add here....the rally seems to be drying up. Jeff