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

To: HairBall who wrote (2419)	8/6/1998 8:03:00 AM
From: Kip518	Read Replies (1) \| Respond to of 8307

LG, I'll take your number 1 & 3 (riding on the back of an internut rally & MM manipulation)<g> but my opinion comes from: 1) P&F chart which shows completion of retrace of up move (OTOH, bar chart still shows gap at 9 1/4, but time may have erased that risk); 2) extreme oversold condition in EGGS -- MACD is below the level it was at on the day before the rally began [July 2]; 3)while money flow indicators suck, the money flow oscillator has finally turned up; and 4) yesterday EGGS bounced off its 100 moving day average. Given this, IMHO, EGGS is ready for a trading turn. That's all I'm saying. No big bullish case.