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Strategies & Market Trends : Position Trading Forum

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To: CharleyMike who wrote (4842)	11/1/1998 11:38:00 PM
From: EaglePutt	Read Replies (1) of 7247

TAVA; my pick for the week... I pick this purely based on the charts. As I read it, the earnings to be released will meet expectations and there is some good accumulation going on. I used to play TAVA earlier this year and I found that OBV was a good indicator for this stock. The OBV has been rising this past week. I also like the nice cup and handle configuration formed. The small drop on Thursday was an indication that the some weak hands are being shaken. Keep in mind that TA is probably more inaccurate for small caps and more so for a highly controlled stock like TAVA Good luck to all. Go XYLN, OSI, MRVT (ABTX?)

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