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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jay Malde who wrote (5668)	3/2/1998 2:22:00 PM
From: Jeff Jordan	Respond to of 120523

good short?

To: Jay Malde who wrote (5668)	3/3/1998 3:34:00 AM
From: BoNg-N-BoNg	Respond to of 120523

re: EGHT - technical picture just improved... volume is up.. from Zacks rating: quote.yahoo.com a quick technical picture based on 5days/15days... 5 dma just crossed up the 15 dma (10 dma/40 dma didn't cross yet) Stochastic at 78K/68D - nearingoverbought (80k/80d are consider overbought condition) * Ultimate Oscillator going up at 67 and price is up (confirmation)nearing overbought also.. * it seems it broke the resistance of 7.31 (closed at 7.37) need to stay above this and to test the next major resistance at 10.625 * bounces from Bolinger band from lower end to middle of bolinger IMO...more likely to have a profit taking today, buy on weakness if this is your strategy... I don't know how much revenues/profits Best Buy sales will add to EGHT coffins..keep in mind EGHT said it will have a small impact from BestBuy sales this qrt. and slow sales for this qrt. too.. just a thought.. eL..