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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Captain Jack who wrote (29352)3/8/1999 7:42:00 PM
From: M. Frank Greiffenstein  Read Replies (3) of 31646
 
My guts tell me...

I'm not sure if I can explain it, but I think a reversal happened today. This is the first normal volume day for TAVA in a long long time, and volume really picked up when the bid hit 5 11/32. I felt so strongly, I added to my position. I think a bottom has been put in. Something simialr happened last week, when TAVA went from 5.5 to 7 in a few days. A bottom has been put in in the mid 5's. And Wexler and pals are covering. The stars are in alignment.

I think a lot of traders got into this stock just before earnings release, and they have slowly thrown in the towel, putting their money into Internet movers instead. Now only the purists are left.

Of course, my guts could be splattered all over the place in the near future <g>.

DocStone
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