Seagate Technology Message Board

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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 who wrote (7170)	3/30/1999 10:05:00 AM
From: William Epstein	Read Replies (1) of 7841

William; Checking my charts. Accumulation/Distribution is the lowest in a year. It is even lower than Sept. 1, 1998. The stock is definitely under accumulation. MACD, the momentum indicator is on the floor looking up. Strange as it might sound, money flow is rising. When the money flow indicator rises the price always rises. However, because the other two are at the bottom I see a small price rise for April. That is all. I looking for the price to rise dramatically later in the year or the price to rise gradually for several months and then a big rally up, at the end. In any case, later in the year. SORRY, I WISH IT WERE BETTER NEWS. PHOTOMAN

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