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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?


To: UFGator93 who wrote (1343)7/14/1998 2:17:00 PM
From: HairBall  Respond to of 8307
 
DOW playing catch up today or blowing off? Comments?

Regards,
LG

EDIT: Not much volume supporting EGGS up move!



To: UFGator93 who wrote (1343)7/14/1998 2:19:00 PM
From: epicure  Read Replies (2) | Respond to of 8307
 
Time mag had everything to do with yesterdays move. I still don't think it means all that much if you are trading on a weekly timescale. The daily chart still looks bad, and even the intraday didn't look bullish- just got more overbought- hence my decision to add puts when I saw the bearish engulfing symbol. It hasn't really been confirmed yet- and a careful candlestick trader would wait for confirmation.

Alladin might be interested to know that candelstick trading evolved in the rice markets of Japan a few centuries ago and made people who used it a lot of money.



To: UFGator93 who wrote (1343)7/14/1998 2:33:00 PM
From: epicure  Respond to of 8307
 
HA- looks like the stochastic may cross to the downside at the end of the day. That might give you a lower close. Oh- this is just so exciting. Just like the circus. I'm a gonna go get me some popcorn.