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


To: TEMFASSBAL who wrote (6782)2/5/1999 10:52:00 AM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
TEMFASSBAL;

I agree. I think 2/16 is plenty of time for the stock to make a bottom and then turn bullish again. I also agree that it is overdone but then, this specialist always overdoes it. That is his pattern. Looking for it to break 35 and make a run for the bottom. Stochastic indicators are not quite there yet. They have reached bottom but have not based out yet. MACD hasn't yet reached peak negativity. So, momentum is still negative. A few more days, maybe a week.
PHOTOMAN