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


To: UFGator93 who wrote (1600)7/16/1998 11:15:00 AM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Volume has dried up. MMs just pushing the price around to pass the time. Volume won't pick up until the move is out-of-range. Tomorrow's options expiration increasingly a factor. One should anticipate the price gravitating toward a strike. Shorts can be added in here above 20, as the strike will probably be 20 or lower. Another assault on 19 today seems likely and, if broken, IMO will only clear out stops before moving back up.