Seagate Technology Message Board

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Technology Stocks : Seagate Technology

STX 258.21

-1.7%

4:00 PM EST

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To: William who wrote (7157)	3/25/1999 10:01:00 AM
From: William Epstein	Read Replies (1) of 7841

William; I am more concerned with volume than price. More than 1/2 mil. by 9:45AM. In previous patterns, after a long decline, there is a double down spike meaning that there are 2 days with a big down spike and second day with a smaller but further spike down. Sometimes, they bottom out in the same place. Don't be beguiled by the energetic open. Close to 8 mil. yesterday. It may be enough, we'll see. If the price goes nowhere today then I would still be on guard because there is no clear direction. One thing for sure. The stock broke below its 180 SMA line. We are very close to the bottom or have seen it. It won't stay here much longer. PHOTOMAN

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