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

To: fiberman who wrote (2497)	8/10/1998 10:05:00 AM
From: Kip518	Read Replies (1) \| Respond to of 8307

Need to see EGGS break 14 3/4 before we can get excited. Down turn risk still minimal if market doesn't crack.

To: fiberman who wrote (2497)	8/10/1998 11:01:00 AM
From: HairBall	Read Replies (1) \| Respond to of 8307

fiberman: If EGGS is going to make its run up, to fill the down gap around 17, it needs to do it in the next day or two. My Med/Long Osc seems to be topping, but has not yet given a sell signal. However, my very short term indicator is showing the possibility of a move up. I think EGGS "MAY" have a very short term opportunity to fill the 17 area gap. One way or the other, I then expect EGGS to proceed down to the 9 area to fill the up gap. (All daily indicators) Bottom line, more downward pressure than upward. After, EGGS will need to build a new base before a significant up again. BWDIK Regards, LG PS: Over all market bias will influence EGGS. IE: New IPO's and overall market trend. EDIT: That's sticking my neck out! The 200 day SMA may be the floor. <g>