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Technology Stocks : Seagate Technology

STX 261.38

+1.2%

Nov 17 4:00 PM EST

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To: Raptech who wrote (5737)	9/19/1998 5:22:00 PM
From: William Epstein	Read Replies (1) of 7841

Raptech; Tough question. If I'm wrong I don't get blamed? The tech. analysis on the 180 day chart says bail out right away. Everything on that chart is turning down. Cash flow, stochastic and relative strength. Also the short spike came on Thursday at 24 3/4 and volume confirms it. However, you may want to watch it closely on Monday morning because the specialist may zoom it up for a little while for one more burst of shorting. However, you need real time quotes and you must watch minute by minute or you'll get caught. According to the chart you definitely must get out on Monday. I use mw.dbc.com a pay web site owned by CBS. It is worth $35 per month because one successful trade pays for whole thing for the year. They give you a tremendous amount of up to date info. on anything. Stocks, bonds, options (which I never do anymore) news, charts etc. You can trade there, online too although, I don't. They led me to our chat site. No special software needed. My box is an Apple G-3 300MgHz. with Seagate Cheetah, Barracuda and Quantum drives. My software is in my head. Experience! PHOTOMAN/William Epstein

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