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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (17350)7/29/1998 8:16:00 AM
From: Clint E.  Read Replies (2) | Respond to of 68170
 
Hi Harry. Mostly throughout this earnings seasons I had to concentrate on my 8-8 job so I haven't been keeping up with earnings & stacks of trade magazines to keep up with any change in the underlying fundamentals of the ERP sector. Therefore what I know right now is not more than what you see in the press. I will catch up within the next month and we will discuss this topic in more details.

However, just by having observed the price action of the ERP & SI stocks I would say that there is more weakness ahead.

Last week, I advised my long-term oriented colleagues at work to wait until stocks bottom before getting in. I got one of them in PMTC at 14 but I am keeping an eye on PSFT & CA to bottom before having them buy these stocks.

Later;

Clint