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Non-Tech : Havana Republic (HVAR)

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To: bigbuk who wrote (128)8/4/1998 9:05:00 AM
From: TAPR   of 686
 
BREAKOUT DAY?

Better yet, they brought the bid up. It looks like we are set up for a breakout.

We will get a good look at the selling pressure if a breakout move gets underway. We could have a good move on low volume followed by a nice pop on volume if the sellers are done.

I'm sure that MOST of the MMs are now long the stock and short on inventory. The question remains is someONE holding a large block and looking to unload.

Technically the situation looks good for some serious buying to take place if volume picks up.

The market is supporting a breakout today. The move up yesterday on market weakness is a strong positive for the breakout.

Given three up days on the Russell and the sell off being over we could anywhere from very happy to dancing in the streets this weekend.

Good luck and good exits.

TAPR
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