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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Bald Man from Mars who wrote (20021)7/6/1998 10:24:00 PM
From: Kevin Podsiadlik   of 31646
 
But if this dude is going back to 15 before it goes below 5,
then I would rather stay on the long side for the time being.

Ah, but if it goes to 14, and you hold on waiting for 15, and then it goes below 5, you would have been better off being short the whole time, would you not? It all depends on your perspective and time frame, you see.

Speaking of time frames, if you're in a mood for a hit-and-run trade you might want to pick up a long position in TAVA at the end of the day tomorrow. Tomorrow evening the changes to the Russell 3000 list are made official, and TAVA is on the preliminary list. I'll admit I don't quite understand the process of finalization well enough to know if the recent drop might cause TAVA to miss the final cut.
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