To: Runner who wrote (16532 ) 5/12/1998 8:35:00 PM From: C.K. Houston Read Replies (2) | Respond to
Runner,People are selling on news, they do not know what the news is. >Right you are. I've always called it "buying into event", "selling at event". There's a definite trading pattern. Been there for some time. Quite predictable. At least from my experience. ALWAYS made money. Never lost a cent.Last year (before I became a reformed TAVA-ite), I used to mark earnings announcements on my calendar for certain Y2K stocks , and would would buy a week or couple of days prior to earnings ... then sell near close night before, or first thing in AM, day of earnings. I Rarely tracked individual companies. Had general idea of what was going on - but no specifics. Just knew the pattern of the stock price. (At least I didn't make posts to scare people, like some do.)Made VERY good money doing that. In my experience with Y2K stocks, regardless of earnings ... stocks RARELY close high ON day of earnings. Saw the pattern last year. Seems to be happening this year also. Almost sold some TAVA yesterday, but just don't have time to sit and stare at the computer and stock prices anymore. Too much else going on. Besides in a few days ... maybe a week ... it won't matter. Just a blip on the screen. Especially at this point in time. Too many good things on horizon. IMHOSince last June ... I'm a changed woman. I've made a h*ll of a lot more money just sticking with TAVA than jumping around for these trading opportunities. Kevin Fallon, spelling out specifics on various aspects of program ... WOW!! And, he's a pretty conservative guy. Can't wait until we get transcript. Didn't feel like taking notes. "Wave of demand is upon us." No more trying to create awareness. No more pilots. Though I'm sure there will still be a few who THINK they still have time for pilots. But, now TAVA can pick and choose. TAVA's in the driver's seat.We have gotten in at the ground level for an exciting, big growth area ... pre AND post 2000! Many funds couldn't get it until NMS. Well - It's finally happened. And we're there BEFORE they are. - But ... Scr*w short-term market and MM machinations. TAVA IS KEEPER. I expected MM machinations today, and for next couple of days. Bet they would have preferred NMS listing to be announced separately from earnings. Would have given them two separate opportunities to pull price back and re-stock inventory. I think MM's are gonna REALLY try to pull this back prior to NMS Thurs/Fri trying to shake out weak hands. Could be briefly brutal. (Hope I'm wrong.) And "shorts" will be doing a lot of posting on SI and elsewhere. So be prepared. Next few days will separate the men from the boys ... the gals from the girls.Anyone who's been in TAVA for a while. What USUALLY happens before a BIG run-up?? Stock pulls back dramatically & briefly. Looks like another pattern to me.
