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Technology Stocks : Seagate Technology
STX 282.86-0.9%Dec 9 4:00 PM EST

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To: William Epstein who wrote (5547)8/28/1998 4:41:00 PM
From: William Epstein   of 7841
 
John Chen;

I am watching CNBC and you would think this is 1929 and the beginning of the crash. Technical analysis shows that the Dow is moving downward to at least 7390 but they really believe that 6000 will be reached. What's a poor slob to believe? The sky is falling.
We must be going into deflation and Fed Funds must go to 3 1/2% to keep the economy from caving in. If you want an underlying reason, its all due to Monica! I think we are near the bottom, now.
William Epstein
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