SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?


To: treetopflier who wrote (496)6/15/1998 10:48:00 PM
From: treetopflier  Respond to of 2477
 
Support level not breached, even with NASDAQ dropping 30.

Last time we reached this level, we got a reaffirmation from one of the brokerage houses covering this issue and it took off. Rose 9 points the next five sessions against a sagging NASDAQ.

Don't look for much more of a decline from here. Upside looks much better. Dropping an 1/8th in todays market is a very good sign that the end of the profit taking is near.

Fly low, sell high...