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Technology Stocks : Trading TAVA
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To: Runner who wrote (589)8/11/1998 8:50:00 PM
From: Tim J. Flick  Read Replies (1) of 655
 
Managed a close above $5.
I'm sure that this close was manipulated by those folks trying to head off a margin call. I use to play the same game when I was protecting my margin accounts. However, it never worked for long, and I always ended up getting knocked out of a stock at the wrong time. I hope this is not the case but the market has a way of getting it's way when you need help the most. On a brighter note.... I feel strongly that we are putting in a significant low in the market. Today's action looked very sold-out!! Also, many Dow stocks failed to take out lows of last week's 300 point down day. I strongly believe that many stocks have already reached their lows for this move, and that a very strong rally will get underway in the near future. Looking very close at Tava, and expect to have a position in the stock soon. Good luck!!
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