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Technology Stocks : Seagate Technology
STX 326.23+1.8%Jan 16 4:00 PM EST
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To: secrus2 who wrote (6917)2/23/1999 2:02:00 PM
From: William Epstein  Read Replies (1) of 7841
 
Valeri Evdokimov;

There are some who feel as you do about this uptrend. They have doubts too. What I see is something else. I see that the stock is above the 120 day SMA line which is 30 but below the 60 day SMA line which is 35. If it crosses the 60 day line convincingly then the uptrend is in place. If the specialist doesn't cross that line then he intends to take it down again. 35 is the target price level for now. That will tell us something.
PHOTOMAN
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