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Technology Stocks : Egghead Computer (EGGS)

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To: HairBall who wrote (2471)8/7/1998 9:52:00 AM
From: Kip518  Read Replies (2) of 8307
 
LG, thanks for pointing out the tick gap. I certainly missed that one. However, that is the area (just below 18) I saw that as the area where this rebound of EGGS would top out. (My gap reference was indeed the daily chart gap of mid-9s).

Interesting that most the internets opened gap up and then immediately begin sell-off. Looks like this is not going to be an easy move up.

(LG - an aside, good call on ZAP. I didn't reverse, but clearly should have. As for GTW, looks like the short squeeze may be over. I shorted 2 minutes before the market closed yesterday at 59 3/16. I don't think GTW has any legs. Did you see Fleckenstein's comment about GTW last night? Held NSCP longs overnight & bought LCOS at the opening today. At the moment, I'm a believer in an internut rally -- until time to short next week)
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