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Technology Stocks : Seagate Technology
STX 278.47+1.0%Nov 6 4:00 PM EST

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To: CPAMarty who wrote (6292)11/10/1998 11:23:00 AM
From: David Jones  Read Replies (1) of 7841
 
Marty I think that's greed and wishful thinking from that YAHOO poster. Personally I cant think of what would drive SEG today or tomorrow back into the 30's. I cant tell you what pushed it there last week either, remember I sold early.

This is not a bad thing, just a healthy market correction. The market over all is extended and correction is needed for it to move higher.
With SEG "sense I'm out", what I'm looking for is a bit of the old pattern to set in where it drops 5+ points then turns and grows back.

But I'm not convinced that SEG plays that game anymore. I think it's started in a new trading pattern and if right. Will stop the wild up and downs and set a trend up. It's still way early to make a call as to price.

"By the way look at YAHOO, what is with that price spike?? Looks to me like a bear trap but then I don't like the stock and don't follow it"

Dave
fwiw=0.00
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