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


To: Kip518 who wrote (6950)3/6/1999 4:54:00 PM
From: SkyDart  Read Replies (1) | Respond to of 8307
 
Kip,

Its a breath of fresh air to receive a note from you that doesn't hurl labels like "fool" and "yahoo".

I am out of EGGS because of my risk management strategy, not because the technical indicators have been proven wrong.

I still have not heard a cogent argument from you as to why the bullish divergence between price and MACD or Price rate of Change is not a buy signal. Nor have I seen a response from you that speaks to analysis rather than personal attack.

Eggs remains oversold with buy signals all over the place. The reward:risk ratio at this time clearly favors avoidance of being short, and going long at a reasonable entry point.

At 30 the technicals favored going short; At 13 11/16 they favor going long.

I am interested in hearing your analysis, not your personal assaults.

Dart