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

To: wlheatmoon who wrote (10936)	2/10/1998 11:31:00 PM
From: Karl Drobnic	Read Replies (5) \| Respond to of 31646

Parabolic: It's the steep curve that results from a rapidly accelerating move. Welles Wilder, a well-known commodity advisor and an engineer by training, did some ground-breaking math on parabolic moves and technical analysis, in the late '70's I believe. Parabolic moves tend to shake out weak hands, those who believe what goes up must come down. Stocks tend to make 80% of their price moves in 20% of the time. Last summer I posted that the run from $2 to $7 was the "move before the big move". (See Stan Weinstein's analytical work). We are now at the start of the "big move" that follows "the move before the big move". We are going parabolic. Not without setbacks. But we're going.