SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (6292)11/10/1998 9:48:00 AM
From: William Epstein  Respond to of 7841
 
Marty Van Acker;

Mastermind could be right. However, looking at his charts I see the latest high as a shorting spike. As with previous spikes the price moves above of the upper Bollenger Band and the trading channel. The stock may go higher but I think it would be a second spike. (I"ve nicknamed, The Horns of the Bull pattern.) Let's see if he is right. I'd love to be wrong. He is right about one thing and that is there something about whole bull run is not believeable. Raptech suspected it, Kanuri suspects it, I think David suspects it, I suspect it too.
PHOTOMAN



To: CPAMarty who wrote (6292)11/10/1998 11:23:00 AM
From: David Jones  Read Replies (1) | Respond to of 7841
 
Marty I think that's greed and wishful thinking from that YAHOO poster. Personally I cant think of what would drive SEG today or tomorrow back into the 30's. I cant tell you what pushed it there last week either, remember I sold early.

This is not a bad thing, just a healthy market correction. The market over all is extended and correction is needed for it to move higher.
With SEG "sense I'm out", what I'm looking for is a bit of the old pattern to set in where it drops 5+ points then turns and grows back.

But I'm not convinced that SEG plays that game anymore. I think it's started in a new trading pattern and if right. Will stop the wild up and downs and set a trend up. It's still way early to make a call as to price.

"By the way look at YAHOO, what is with that price spike?? Looks to me like a bear trap but then I don't like the stock and don't follow it"

Dave
fwiw=0.00