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

To: SkyDart who wrote (6939)	3/5/1999 7:40:00 AM
From: Kip518	Read Replies (1) \| Respond to of 8307

If Kip is a good contrary indicator, and by the sound of his posts he is, we should see a big up move soon. Hey, that's good! If I'm an indicator am I convergent-divergent oscillator or maybe a reverse money-flow indicator? I guess I better start reading your TA bibles to find out. You certainly seem to know your stuff! If you think I've got a bad record on EGGS on this thread you've got to be new around here. I have made my mistakes. I was a strong believer in EGGS on the first spike. I sold near the top but bought in again way too early on the ride down. I took a number of longs down from 17 to 4, averaging down to 9 on the way (ignoring LG's great advice never to to that). That could have been really nasty. Fortunately, the second spike saved my butt allowing me to sell those all those shares at 32. Since then, as the trend archive will show, I've played EGGS only from the short side. So far, I have no regrets. When I'm convinced the play is over (who knows, that could be today) I'll reverse, but you and the other self-confident Yahoos who've suddenly appear out the blue screaming BUY EGGS, certainly haven't persuaded me yet.