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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Zahran who wrote (9738)	1/28/1998 11:12:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 31646

Jack--- Your daytrade pattern is correct. I used 5 1/4 to 6 1/2 range as it hit that more frequently. I did NOT say people should get out at 6 1/2. I have said it should rise beyond that. I WILL get out at 6 1/2 except for a small holding as I am bored with it and can make more trading it and buying others. I will exit if it drops below 5 for 3 reasons. I will still be ahead, will not wait for it to start again to run (a few ticks does not mean the same as a close price), and there will be so many cheap shares it will not rise fast or far enough for me to play with. Investors should stay in beyond 6 1/2. As a trader the stock has lost its luster when the momentum left. Another thing I see as a problem is yesterdays HUGE news and todays poor performance. The only reason I am long yet (make that own it yet) is at any time over a 7 - 10 trading days his could see my target. Just proving it can happen/will happen. If I had confidence in mgmt I would stay for the double digits I predicted last summer but now doubt will arrive by this summer which is a shame as it is trading around the core value with no Y2K consideration. Bored with it--- Time to buy--- put your order in at 5 1/4 or 5 1/8 it may go off and you will come out up if you do not get greedy. With cheap issues such as this 10K is easy to buy and trade. Downside is minimal and upside is good for $10K in a short period. Enough is enough already with this one--- too many people are in this one that should be in bank CDs if they should have any money at all which is also scarey. Comes with cheap issues. Playing the game with pros is much more civilized. They can understand and look for the truth and do not hype because they put too much of what they cannot afford into something that is a gamble.Heads in the slop, er, sand, I guess. <ggg> John