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

To: Rommy B. who wrote (2922)10/20/1998 11:16:00 AM
From: Impristine  Respond to of 8307
 
Come on man,
go out on a limb?
buy stop at 9.5?
buy and hold with white knuckles?
sell short at 8.375?

Come on man......LOL



To: Rommy B. who wrote (2922)10/20/1998 11:17:00 AM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Rommy, not surprisingly, EGGS bounced hard off resistance at 9 3/8 - 1/2. IMO, that's likely to be the top of the rumor move. Now it will take significant news to keep momentum going...if that happens, then on to 11 1/2 for the next wall. However, unlike the last run to upper 20's, this move will be fought all the way up by old longs who sell, happy to finally break even, and shorters. It won't be easy. Kip


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