Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Jerry Miller who wrote (1453)	7/15/1998 12:28:00 PM
From: HairBall	Read Replies (1) of 8307

Jerry: I am not usually a day trader. However, in today's manic trading, I am becoming one again! I do not use the exact TA Chris uses. A close above main stream moving averages is to be expected after such a rise. These will not do day traders much good. 80/90 sending a topping signal, end of trend, hhhmmm, maybe just a pause to refresh. Time will tell. I think after a stock, makes a move up like this one has, often it will retrace much of its move up and consolidate. This "can" be a good sign! Do I know what this stock is going to do? Nope! My bread and butter TA is trend following and geared for investing. I usually don't get in on the low and get out on the high, but I do OK! <G> Regards, LG

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