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


To: Craig Rogers who wrote (3376)11/11/1998 9:29:00 AM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Craig, during the last internut crazies, EGGS bolted to high 20's with hardly a pause. Looks like it is going to do that again. We're on our way up to the fman's floor. Watch the volume.

Long, and for the time being, holding. Kip



To: Craig Rogers who wrote (3376)11/11/1998 9:32:00 AM
From: HairBall  Read Replies (2) | Respond to of 8307
 
Craig: Don't panic...if you feel adding to your long position is the right thing to do...time it!

I bought back into to KTEL when it pulled back below 20. Reversed to a short slightly above 30. Then I covered at the end of the day. Did not take an additional long position in EGGS, so I missed some of the upside. But, I went short EGGS a little below 15 and covered at the end of the day.

I made out like a bandit yesterday...I don't want to give any back... so I will let the Market talk to me for awhile after the open and then decide...

I still expect the Market overall to turn down, at least short-term. My indicators are in short-term sell signals for several of the Indices. The INTC earnings will skew expectations and cause a pop this AM. I will wait to see if there is follow through.

BWDIK
Regards,
LG