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

To: Kip518 who wrote (2423)	8/6/1998 9:14:00 AM
From: HairBall	Read Replies (1) \| Respond to of 8307

Kip: As usual, you have done your homework. 1) I don't use P&F 2) MACDOSC (my proprietary formula) Shows momentum to down side. It is the lowest it has been in over 9 years. The last time it was even in the area, was right after EGGS fell off a cliff Mid August 92. It downtrended from there. (However, it could be at a pivot point for a bounce.) 3) My money flow indicator has already bounced off of a low on Friday and is now in the middle range. 4) 100 day SMA was penetrated intra day, but did as you point out close above. NOTE: All of the above indicators are from end of day stats! I think I'll hide and watch on this one! <g> If you go long at the open.good luck! If it shows an up trend, I may piggyback your move! BWDIK Regards, LG PS: Did not do a S/MM analysis.