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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Jack Zahran who wrote (23490)9/23/1998 9:22:00 PM
From: Hawkmoon  Read Replies (1) of 31646
 
Jack,

You may be right about the price, but the money flow indicator is still incredibly poor.

Sorry folks, but until that indicator flips toward a positive uptrend line, then you can assume there is tremendous resistance to a big move upward.

I'll be looking for another bounce off the lows before I get truly interested in the stock.

But I think the news release contained some VERY disturbing statements in reference to the state of domestic manufacturing operations. And when we look overseas, I don't see much reason that any of these economies will recover until after 2000 since few savvy investors will wish to place substantial capital at risk there until after the millenium.

JMO,

Ron
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