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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Mr Logic who wrote (17240)5/20/1998 7:43:00 AM
From: Money Mood  Read Replies (3) of 31646
 
Patrick,

There is no mistake in Karl's posts about corrections in TAVA:

<<It has made 3 steep runs since last July. >>

<<TAVA has made two distinct "runs">>

Both statements are correct - Karl speaks of big runs and of smaller steps of which the big runs are composed and by which they were completed. Every small step has its small giveback and every big run has its big corrections as well. It is very difficult to recognize the starts and ends of the runs and the composure of the big runs in advance, before they are completed. It is an old and ever present TA problem of fractals. If anybody solves it theoretically once and forever - this guy will own the world, but the stock market will probably die.

So, Karl's analisys is correct. IMO.

Viktor.
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