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Technology Stocks : Trading TAVA
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To: Michael Baron who wrote (559)7/30/1998 6:35:00 PM
From: Tim J. Flick  Read Replies (2) of 655
 
As traders forget about the news... this is the biggest mistake that I can make is buy because the news is good and the chart looks horrible.It's like trying to catch a falling knife. Let the market tell you when to buy. Yes, you are going to miss the exact bottom but how do you expect to buy at the bottom anyway. There is a massive seller in this stock. When he gets finished, the stock will begin to trade better. When the stock stops making a series of lower lows and lower highs then I will get interested..... until then we wait.
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