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Technology Stocks : Seagate Technology
STX 266.87-1.2%Dec 2 4:00 PM EST
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To: Stitch who wrote (4501)1/13/1998 9:58:00 PM
From: GR  Read Replies (1) of 7841
 
i didn't go into great detail in my prior post.i have been trading for my bread since 1970.i am technically oriented.i am sure you understand technology better than me.i trade short medium and long term.my basic reasons for investing in DD(i choose qntm)was that the sector was beaten up.Qntm just double bottomed.W%r,stoi,dmi are all +.,my guess is that we will test 22-23 as soon as tomorrow.Due to all these and + candles in nearly all tech and dow indexes i think we will have a big up day tomorrow.I'm in at 18.75.My plan is to hold short term to 25.00. i stated that i've had great succees buying dogs like T,JMED,etc and i have. My basic m.o.,as i said is to buy at the grteatest pain level-,as long as TA is bullish-use tight money mangement principles etc.,my gut is that this asian thing although real will somehow work out.-unless of course the world really does end(as nostradamus predicted)sometime in 1999.
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