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Technology Stocks : Egghead Computer (EGGS)
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To: Aladdin who wrote (1329)7/14/1998 1:43:00 PM
From: epicure   of 8307
 
I can tell you exactly why I said the stock would go up for at least the next hour, because the intraday stochastics, momentum, and RSI turned up. It really has nothing to do with me, except that I was there to see it. TA is only nonsense if you don't study it. Like anything else it is useless in the hands of fools and incompetents and it doesn't work on every stock. One has to follow a stock for a while to see if it does work. I don't daytrade myself but I like to know which way my stocks are going and why. That is all.
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