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Technology Stocks : Seagate Technology
STX 284.47-7.7%Jan 8 4:00 PM EST

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To: Stitch who wrote (5435)8/8/1998 2:19:00 PM
From: William Epstein  Read Replies (3) of 7841
 
Stitch;

I have charted the current rally in Seagate stock. My charts show that the rally began about 1 1/2 weeks ago. Money has been flowing in. As near as I can tell the rally will last 5-6 weeks and peak between 28 3/4- 29 1/4. If it goes much beyond that level it is an investor led rally. So, we can expect a peak around the end of the month or the beginning of Sept. if specialist led. There will be more to talk about then depending on the pattern at that price level..

William Epstein
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