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

To: Melissa McAuliffe who wrote (2112)	10/5/1998 6:01:00 PM
From: IceMan	Read Replies (1) \| Respond to of 6974

if it can bounce off 18. I watched all day today and could not believe the strength of the bounce off of 18. It went to 18 and 2 minutes later was at 19 1/2! I could have killed myself for not buying into that momentum, I was SO close! I then did buy in the second time that it went down to 18 1/2, but I closed out at 18 3/4 because I'm more comfortable with a clean slate in this crazy market. Looks like 3pm ET is a great buy opportunity the last few days. Sorry for the ramble, but I just wanted to let you know that I thought 18 was damn strong today. I also feel that this sell off is WAY overdone on SEBL. Last week it was so strong around 28-29 during some crappy days in the market. A few analyst downgrades and we're down 10 points or 35% - that is crazy. That said, I should have held my 18 1/2 position, but this market is so unclear that I need to see a base of a couple of days to know where it's safe to buy in again for more than a day trade. Any other thoughts out there on a bottom that we won't break?