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


To: Jerry Miller who wrote (1453)7/15/1998 12:28:00 PM
From: HairBall  Read Replies (1) | Respond to of 8307
 
Jerry: I am not usually a day trader. However, in today's manic trading, I am becoming one again!

I do not use the exact TA Chris uses. A close above main stream moving averages is to be expected after such a rise. These will not do day traders much good.

80/90 sending a topping signal, end of trend, hhhmmm, maybe just a pause to refresh. Time will tell.

I think after a stock, makes a move up like this one has, often it will retrace much of its move up and consolidate. This "can" be a good sign!

Do I know what this stock is going to do? Nope! My bread and butter TA is trend following and geared for investing. I usually don't get in on the low and get out on the high, but I do OK! <G>

Regards,
LG



To: Jerry Miller who wrote (1453)7/15/1998 2:32:00 PM
From: Chris  Read Replies (1) | Respond to of 8307
 
hi jerry,

looks like eggs intraday low broke below 5 day ema, but the current price is still above it.

will take a look tonight.

i enjoy keeping track and analyzing.. hope to share my thoughts with you tonight.

saw the dell and msft charts?
here they are:
geocities.com