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

To: Kip518 who wrote (1446)7/15/1998 11:47:00 AM
From: put2rich  Respond to of 8307
 
Kip,
I reestablish short too low. You are right that after big selling they buy back small to hook up novices, but I doubt that it can go to 21 1/2 today since not many buyers. But you made a good move, should have sold at 19 1/8. Well but I don't cover at b/e or loss since tomorrow it will gap down.



To: Kip518 who wrote (1446)7/15/1998 11:48:00 AM
From: HairBall  Read Replies (3) | Respond to of 8307
 
Expect a break back down from here (around 20.5).

Regards,
LG

EDIT: Bearish pennant spoke! Will retest 19?



To: Kip518 who wrote (1446)7/15/1998 11:51:00 AM
From: put2rich  Respond to of 8307
 
It seems can not pierce thru 20 9/16 and starts to go down again. Today buyers are scared and depleted, many longs who bought out have to jump out too. So I think it hard to reach 21 again. Any ideas?


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