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


To: HairBall who wrote (2426)8/6/1998 10:07:00 AM
From: Kip518  Read Replies (2) | Respond to of 8307
 
LG, yesterday's low appeared to hold on the first test. I bought in at 11 1/4. EGGS is pulling back from first run up. We'll see if I was right. I really don't want to see a 2nd test today.

Hope you're finding something interesting somewhere in the market today.

Kip



To: HairBall who wrote (2426)8/7/1998 4:36:00 AM
From: Darrin Vernier  Read Replies (1) | Respond to of 8307
 
Interesting close on EGGS today. The direction remains uncertain. One thing I did notice, today's close stopped at the 38.2% retracement of the entire upmove from June 97 to the top. Tagging a 38.2% retracement from the bottom and hanging there is a perilous vantage point from a long position. Tomorrow will tell, as usual. The parallels with the 90-92 move have thus far been uncanny. I suppose this will be a test of continued similarity, at a critical node in the morning. Good trades to all.