Trading TAVA Message Board

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Technology Stocks : Trading TAVA

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To: DD™ who wrote (577)	8/9/1998 9:28:00 PM
From: Joseph J. Valenzuela	Read Replies (1) of 655

With MACD "hitting the floor" I don't see any smart buying opportunities in the near future for TAVA. Oversold in a downtrend can last a long time. If TAVA rallies to an overbought condition and MACD is still trending downward, you're best bet would be to join the shorts. Chart w/ Stocastics, MACD, DMI, and CCI: iqc.com The two moving averages are a 50-DMA and a 13-DMA. Notice the regularity of the 13-DMA acting as a ceiling. If you're short-term, stay heck out! You might win, but the odds are stacked against you. And trading is all about odds, isn't it?

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