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

To: Tim J. Flick who wrote (14378)	4/7/1998 10:02:00 PM
From: Jibacoa	Respond to of 31646

<<Tava held the 10 7/8's area today!>> The low of 10 5/8 was at the 25 day average line. The next support level is at 9 1/2 which is the previous triple top frorm Feb-March and the point where this last rally started. The present downtrend line shows resistance at 13. IIHO it has to close above 13 in order to test the prevous all time high of 14.63 on 3/25 Bernard

To: Tim J. Flick who wrote (14378)	4/8/1998 9:49:00 AM
From: Norman Stone	Read Replies (1) \| Respond to of 31646

> Very tough period ahead for techs < With NMS imminent, I regard current decline as a slow MM shake. You can watch a slow shake -- it is a massive block at ask sucking up all buying until the market knows the price will drop. Then the massive block drops a tick. This creates a very smooth downward slope. Look at TAVA 3/31 - 4/2. Once confidence is shaken and stops are hit, the shake has done its damage. Block selling causes further panic until hard ground is found, then the buying ensues. All Y2K's are taking a hit, with the Y2K index down 3%. TAVA support at 10 3/4 is very strong right now, but it will not last forever. Look for another test today.