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


To: Kip518 who wrote (7292)3/20/1999 2:23:00 AM
From: SkyDart  Read Replies (1) | Respond to of 8307
 
Kip,

"A mind is a terrible thing to close".

The point I am trying to make is that technical analysis has made many fortunes.

I was stopped out of 90% of my position for 5/8 point, true; but not because of technical analysis [see post # 6952]; but because of trading discipline. I kept 370 shares in two small accounts and fortunately held them [because the commissions deterred me from selling in such small accounts].

I did have a large position in ONSL and rode that up from 31 to 47.

BTW. I had a large boxed position of EGGS this AM which I unboxed [net shorted] at open at 22 5/8, boxed again at 20 3/8, shorted again at 21 5/16 and covered all at 20 3/4. Made 2 and 1/2 points on a few thousand shares.

And Kip, your claim is highly suspect [that you went long at 13 7/8 and rode it up] given the nature of your bearish posts. i.e. You wrote on 3/10/99 post # 7082,

"I won't become a believer until EGGS makes a solid move through 17..."

NOW WHO HAS EGG ON HIS FACE?

Get some guts and tell us BEFORE the move exactly when you go long; Then maybe you will be believable.

Dart