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Technology Stocks : Trading TAVA

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To: Alastair McIntosh who wrote (438)5/20/1998 9:10:00 PM
From: Tim J. Flick  Read Replies (1) of 655
 
Does anyone know why the Dow rose over 100 points today, and the NASDAQ fell 16 points? Give up!! One word and one number.. GALAXY 4.
Many many trading houses and nasdaq firms use the data feed from Galaxy, including my firm. With thousands of traders without eyes in the market, they sold their positions. No one likes to fly blind, so thus the pressure on nasdaq. Now tava has had a monster seller in the stock for the last 3 days but without buyers/trader and lots of seller today the stock got smashed. Tomorrow if the data feed is restored somehow, tava will be right back up. Now I will watch the opening closely but if I have eyes tomorrow I will be right in the middle of this stock. Good luck!!
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