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

To: Hawkmoon who wrote (14230)	4/6/1998 9:48:00 PM
From: Hunter	Respond to of 31646

Ron, Good analysis. Didn't mean to step on anyones toes with the gap down comment. But anyone who looks at todays opening must have noted the gap down as well. I have been reading this thread for months and rarely post. It is interesting what a new trading range drags in. It was only yesterday that we had those preaching doom and gloom in the 5-6 range. I am looking to short term trade TAVA for a while. Not so sure she has seen the bottom but if not I agree it won't go down much further. As for those who ask if the big buyers (institutional types) will support the stock as price drops - think again. They are definitely more long term orientated. While they may watch the price on a daily price I think you will find most will buy the amount of stock they want over a fairly short period and then sit on the sideline. I don't think you will find them buying on the dips. With no news the buy around 12 sell around 14 approach seems like a good short term play. Hunter