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


To: David Jones who wrote (6120)10/29/1998 2:42:00 PM
From: William Epstein  Read Replies (2) | Respond to of 7841
 
David Jones;

Take it easy. The 12 year chart was just a reference. I use it to give the big picture. Short term for me is 1 day to 3 mos., medium term is 3mos-7mos., longer term is 7 mos.- 2 yrs. Are we on the same train? Now, you refer to a positive wedge. What does that mean? Is it a positive wedge in price pattern or volume or moving average? My reading of the moving average is that it is still falling. The 90 day SMA is about 23-24 whereas it was 25-26 a couple of weeks ago. Do you mean that the stock is above its SMA? Is that the signal? Give me an explanation. I'm looking for anything I can confirm as a signal, one way or the other, too.
PHOTOMAN/William Epstein