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Technology Stocks : Seagate Technology
STX 261.38+1.2%Nov 17 4:00 PM EST

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To: William Epstein who wrote (6121)10/29/1998 4:28:00 PM
From: David Jones  Read Replies (1) of 7841
 
W.E; it's all easy. I'm looking at the price movement. Drawing trend lines from highs, lows, etc. I don't believe without the drop on Oct 8th and the spike on the 13th with the subsequent drop on the 14-15th I would see a wedge at all. If we were to get the drop in price back to 23 then it would bolster a wedge. I'm drawing lines from August 17-18 and the 1st of September.
My question was basically, is this reasonable to do so using the end of August first of September as starting points? Also I'm looking at the 13 and 50 day moving averages.
Got to go now .
dave
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