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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: BACRDI who wrote (10982)2/11/1998 11:25:00 AM
From: Norman Stone  Read Replies (1) of 31646
 
*SOOT* (SORT OF OFF TOPIC) Day-trade observations

Recent strength:
~ 8M shares traded at 8 or above
> 2M shares at current prices or above

Current slowdown:
sell-off at 8 3/4, with buyers waiting to see if 8 5/8 is as strong as it first appears, and plenty of op's to get in between here and 9.

(As I speak, 8 3/4 is broken.)

The ceilings are getting thicker, though. Watch out for big blocks. The oscillations will occur between these blocks (at 9 ?/?) and 8 5/8, until one side collapses. JMO.
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