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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: C.K. Houston who wrote (11253)2/13/1998 3:19:00 PM
From: Money Mood  Read Replies (5) of 31646
 
To all:

Decided to share my short-term tactics and ask for a feedback.

I am about to buy more before closing. My reasons are:

1) It's really impossible to predict the next price move from here. There is a possibility of another jump 3+ points up from here. I hate to miss it.

2) The earnings will not be terrific but still they will be good. The CC, I believe, will be inspiring - for the newbies more than for the "veterans" and this is important.

3) Temporary pullback is also very possible, but it may last short - 1 - 2 hours Tuesday morning and then - a comeback.

4) Substantial retreat to 6 3/4 - 7 may happen as well and I should be prepared for it too.

So, I divide all "safe" margin I have into three parts and am buying 1/3 now, ready to buy another 1/3 Tuesday morning; and saving the last 1/3 for further dip.

Any comments would be appreciated.

Viktor.
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