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

To: Howard S. who wrote (6831)	2/10/1999 8:57:00 AM
From: William Epstein	Respond to of 7841

Howard S. Let's wait and see! PHOTOMAN

To: Howard S. who wrote (6831)	2/10/1999 9:13:00 AM
From: William Epstein	Respond to of 7841

To All; I have just checked the 10 day candlestick chart for SEG on Big Charts.com I used a 60 day SMA and Volume+ If anyone has doubts about what is going on I beg you to notice that there are several shorting spikes shown on the chart. The last one occurred late yesterday afternoon. You can recognize a shorting spike on this chart because it is always positive volume (black) reversing to negative volume (red). The stock always rises quickly and then falls immediately. Volume+ confirms it. THIS STOCK IS BEING FORCED DOWN! One has to be blind not to see it. When the stock penetrates the 120 day SMA (blue) to the upside on this chart then it will have reversed itself. There will probably be another shorting spike at or near the open this morning. PHOTOMAN

To: Howard S. who wrote (6831)	2/10/1999 9:55:00 AM
From: William Epstein	Read Replies (1) \| Respond to of 7841

To All; The stock opens by gapping up to 36 1/4 on 82,000 shares. Then immediately starts moving down fast to 35 3/8. At 9.37 there is a buy order executed and the sale is at 36 1/4 but then the stock immediately returns to 35 5/16. So, those who wish to buy have to buy above 36 right now. This trap door effect is something I have seen before in many stocks when the specialist or MM is reserving the bottom for himself. These wide swings are a characteristic of bottom. SEG usually trades in spreads of 1/16-1/8. PHOTOMAN