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


To: Wayners who wrote (2044)7/23/1998 4:26:00 PM
From: put2rich  Read Replies (2) | Respond to of 8307
 
Wayne,
Off topic,
If you take a look at amzn chart, what can you say? I think it is bad, but since market in general is bad today, so w/ TA view point we count the market factor or not. Of course sometimes market bad but amzn just jumped up like a rocket. Did any short amzn at 140+ couple days ago or too dangerous.
Many thanks



To: Wayners who wrote (2044)7/23/1998 7:16:00 PM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Wayne, again your timing was prefect. As you know MMs brought EGGS up and would have taken your stop. While I think the MMs (and longs) would like to hold the price in the upper range of the run (9-29) until earnings release, that's going to be increasingly hard to do as the internuts correct. "Beat-the-street" earnings releases, especially with "wink-wink" accounting, just aren't holding stocks up. EGGS is unlikely to be an exception.

Look forward to your return to daytrading EGGS & the thread.

(Added to EGGS shorts today & kept overnight)

Kip