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Technology Stocks : Seagate Technology

STX 278.47

+1.0%

Nov 6 4:00 PM EST

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To: David Jones who wrote (6185)	11/4/1998 4:14:00 AM
From: William Epstein	Read Replies (2) of 7841

David Jones; Thanks. However, no regrets. You made a profit. 15 minute delayed quotes are useless in this kind of situation. You must have real time because the specialist can turn on a dime. Also, he can drop the stock or move it up in a few minutes and you get caught with your pants down. You saw that yesterday. Be patient and watch the show. You will get another opportunity. If you try to get every last dime you get walloped even with real time quotes. If I am wrong about yesterday the next price level this stock is going to is 32-33. If I am right the stock will drop off a few points then, next week there may be another shorting spike. This is what I call the horns of the bull. If I see 2 shorting spikes like that watch out. Its real bad. I means a big drop is coming. PHOTOMAN/William Epstein

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