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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Mighty_Mezz who wrote (13444)	3/26/1998 9:16:00 AM
From: Mr Logic	Read Replies (3) of 31646

David, it is a style thing. I have no problem trading at least 1/2, sometimes all my position to increase gains. Paper loss = real loss in my book, but let's not argue it as we won't agree. Also I don't want to argue about >>A big buyer[s] has been hitting TAVA since 10. Check yesterday's chart. At 13 1/2 a HUGE buyer hit it again. re which institutions? - too soon to tell. But the tape seldom lies.<< but (1.) you cannot tell this from the chart and (2.) just a point, if as someone who is short I had claimed 'institutions are dumping this stock' with the same (lack of) evidence on this thread, I would have been torn to shreds for evil manipulation or some such. I think you have to consider how keen real institutions are on OTC stocks. You are right about waiting for weakness, actually I did on short term indicators tried to short as it turned around mid morning. Had to wait for an uptick (how come you don't have to wait for a downtick to buy?!?) so short at $14 1/16. I won't average down, I would cover and short again. Averaging up/down is generally bad practice IMO as it can be too emotional either way.

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