SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Rob L. who wrote (6187)11/18/1997 8:57:00 AM
From: richard p. martino  Read Replies (1) | Respond to of 31646
 
A little perspective,

For anyone who was a little disappointed we didn't make a bigger move yesterday, please consider the following:

1. Yesterday's low (6.5) was the highest low since 4 Sept, when the high for the day was 7.5! This is a very bullish sign.

2. The weekly chart predicts a great long term move. You can see the Bollinger Bands starting to come together. Somewhere between 10 and 15 within the next few months looks good. Might have to wait for the next earnings announcement for a big jump (unless we start getting more big contracts announced in between).

3. The slow, steady uptrend we are currently in is very healthy (IMHO). It's really a much better way to build a solid, supportable base for the long term, rather than a quick, hyped-up rise (which will tend to deflate pretty quickly as well).

Please take Skip's advice: relax, be patient, enjoy the show. If watching every tick drives you insane, then stop it. We'll get there soon enough. almost guaranteed!

rpm