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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: Raptech who wrote (5742)	9/21/1998 9:26:00 AM
From: William Epstein	Read Replies (1) \| Respond to of 7841

Raptech; Shorting is never safe as it was really designed as a tool for specialists but if you did want to do it 24 3/4, in that area, would be the only place to do it. Anything much lower would be too risky. The real trick with shorting is to never get too greedy. Cover before the specialist does and be satisfied with the profit because when he covers he moves very fast and may shut out little guys. It takes a cast iron stomach but the volitility in Seagate can make it a worthwhile practice. It is certainly no more risky than going into the options market ( Kamakasi, suicide). Thank you, for the understanding but I have been blamed before although, no one will say it to my face. I am no guru or I would be Warren Buffet. Even David Rockefeller has been beaten up on the short side. Once, his grandather controlled the market along with Morgan, and Carnegie. PHOTOMAN/William Epstein

To: Raptech who wrote (5742)	9/21/1998 10:20:00 AM
From: William Epstein	Respond to of 7841

Raptech; Looks like the specialist opened at 22 1/8 and capped it there. He moved down to 21 1/2 and now up to 22 1/8 but no higher. It looks like he wants to go South. Volume light, 371,800, trading slow. Of course they are playing the tapes at the moment and the whole world is distracted. PHOTOMAN/William Epstein