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Technology Stocks : Egghead Computer (EGGS)
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To: mrnaive who wrote (4523)12/14/1998 12:46:00 PM
From: James H. Irwin  Read Replies (1) of 8307
 
When one of the largest dollar weighted stocks in the DOT Index takes that index higher, option activity will have an indirectly positive effect to stocks in the group...

Now given that EGGS is trading the lowest volume in the last 2 weeks, which, most TAs will say price declines on low volume is less bearish/more bullish than on large volume. Therefore, stocks in the group should generally rise with the tide.

Okay? Just trying to give you an update on events which may directly or indirectly affect your position or lack thereof.
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