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Technology Stocks : Seagate Technology
STX 276.69+1.6%Nov 28 4:00 PM EST
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To: William Epstein who wrote (5539)8/27/1998 8:03:00 PM
From: Raptech  Read Replies (2) of 7841
 
Not yet! Trying to calculate new resistance level, and hoping we'll hold. We still have a way to go to get to the 52 week low at 17 3/4. There are so many extraneous forces playing on this market it's increasingly difficult to analyze.

I read the increase in volume as people running for the SEG exit so your comment on market psychology is probably correct. Wiping out 12% of value today was huge and larger than market average.

Rap
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