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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Sharon A. Gray who wrote (13262)3/24/1998 7:47:00 PM
From: Tim J. Flick  Read Replies (1) of 31646
 
This is not a good time to chase any stock. The entire market is massively overbought and extended. Think about it... over the last few weeks the small stocks have enjoyed a huge move. Many people in the micro-cap area are making money. Making money has become too easy!!! If you had Bought Tava when I reported the Monster buyer you have already sacked up a huge trade. Folks this is too easy!! Beware! Remember stocks go down much faster than they go up. Also, remember last year when the large caps went up up up leaving the little guys in the dust, then all of a sudden the micro's and small caps took off. This lasted for about 1 month then Boom! correction hits taking 50% out of the small guys. After the correction ran it's course, the big caps resumed their upward move leaving the small/micros in the dust FOR THE REST OF THE YEAR!! Could the same pattern be developing? Who know's but this is NOT the time to margin yourself up and throw caution to the wind.
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