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Technology Stocks : Egghead Computer (EGGS)

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To: SkyDart who wrote (6918)3/4/1999 12:08:00 PM
From: Anaxagoras  Read Replies (1) of 8307
 
<<Technicals show EGGS a compelling BUY here. Bullish divergences, support at 200 day EMA. Williams % R and MACD confirm.>>

What bullish divergences? I don't see any- would you explain?
And what MACD are you looking at? 12-25-9 on a day setting? I don't see any bullish signal there (using any of the 3 traditional buy signalsa used with that indicator)- and what are you using for Williams % R? A 12 setting? If so it's flat lined and I wouldn't use that for anything until it started to turn up. I'd appreciate hearing more. EGGS looks bad to me right now.

Thanks.
Anaxagoras
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