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Technology Stocks : Seagate Technology

STX 258.21

-1.7%

Nov 14 4:00 PM EST

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To: William Epstein who wrote (7076)	3/13/1999 2:56:00 AM
From: secrus2	Read Replies (2) of 7841

Well. Great story. But a crash is a crash because nobody expects it. We (sorry, You) had a great economy in autumn 1997. There are lot of wise guys around but ... "total recall". I agree with you that economy is OK. I'm long-term bull. But I bet on the near term bear cycle. Very little cycle involving DOW (CATERPILLAR said : "welcome to reality, guys"). But if DOW goes down almost all big names will follow. There are plenty of room to come down. There is one problem - to find a catalyst for that cycle. We should wait only. P.S. My soul is OK. It was tempered in battles on US stock market. I have paid my ticket.

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