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


To: gamesmistress who wrote (20906)7/21/1998 2:00:00 PM
From: Muthian George  Respond to of 31646
 
Thank you Gina!



To: gamesmistress who wrote (20906)7/21/1998 2:25:00 PM
From: Hawkmoon  Read Replies (3) | Respond to of 31646
 
Gina,

Not to sound cliche', but I think we're seeing some "share shaking" going on at the bottom of this price channel. Additionally, you may have some limit orders that were looking to be filled at these levels. (Volume + wide spreads = profits for Mmkrs)

8 1/4 to 7/8 was the last "sweet-spot" for bottom fishing.

The fundamental progress of this company just does not justify a complete technical breakdown.

And if Rick is reporting correctly his observations, then you have some very interesting indicators to contemplate.

Regards,

Ron