TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Bonzo who wrote (29591)	3/17/1999 9:23:00 AM
From: JDN	Read Replies (1) of 31646

Dear Bonzo: Well, sure was a pretty picture--haha and I bookmarked it for further reference. But, personally, I do not have a lot of faith in TA for stocks under $10 except maybe in the very short term. Being a long term holder I guess I am more of a fundalmentalist in general anyhow. Things like the press release following your post here are likely to have far more effect, in my judgement, then the trending line. I have a feeling you could chart nearly ALL Russell 2,000 stocks today and come up with similar patterns. They are, for the most part, all down. The Russell 2,000 has been trending down as long as I can remember, but then I have a short memory. haha. The only thing that is important to me is Coverage and Volume. Give us both and I think we will have new highs regardless of what the Chart says. JDN

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