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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?


To: ayahuasca who wrote (413)5/19/1998 1:40:00 PM
From: S.C. Barnard  Respond to of 655
 
I believe a lot of big $ is waiting for many stocks for after the F.O.M.C. meeting- I am.



To: ayahuasca who wrote (413)5/19/1998 1:51:00 PM
From: Rob L.  Respond to of 655
 
Mark, Months??? I don't think so. tava has been between 11 and 14.5 since late March, that's less than 2 months. Anyway a move from 11 to 14 is 27% rise. have patience. Nothing goes straight up. I think it is consolidating in here. No news to attract major buyers (earnings certainly won't attract any big buyers) so what selling goes on drops the price. Wait until an announcement comes and all those that are selling will come back in.

Also, I truly believe this is related to options. MM are trying to drive the stock down to lower the premium on the calls.

Next week should be better. In the meantime, stopping watching the ticks, it will drive you crazy and make you do something irrational.

Regards,
rob



To: ayahuasca who wrote (413)5/19/1998 1:57:00 PM
From: megazoo  Read Replies (1) | Respond to of 655
 
i wanted to post my msg. on the bigger tava board.