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


To: Dorine Essey who wrote (21299)7/29/1998 10:50:00 AM
From: fulltimetrader  Respond to of 31646
 
important!!!!!

Do some quick research here as atec has revenues coming out that should be a big earnings suprise. Wallstreet estimates appear to be blown away. If you do not believe me watch atec pass tava's price this week unless tava can do something big and recover. The whole sector is down right now including atec,tava,chrz,tpii and others. There should be a couple announcements out from atec before earnings and then a wopping earnings suprise. I would carefully do your research and investigate. If any doubts watch the stock price of atec this week. It should pass tava with a news release maybe this week. Some bigger anouncements before earnings and then big move with earnings in august. Good luck and lets hope tava goes up soon too. God knows I need it too.



To: Dorine Essey who wrote (21299)7/29/1998 11:00:00 AM
From: Joseph J. Valenzuela  Respond to of 31646
 
Overbought/oversold indicators work best with non-trending stocks that are in a trading range.

Unfortunately for those long, TAVA is not non-trending (how's that for a double negative). If you tried to use the oscillating indicators (like Williams %R, for example), you would see that TAVA has spent more time in "oversold" territory than "overbought" territory from its fall from $12+ in May to where we are now.

It might be best to wait for TAVA to reverse direction out of this "oversold" territory before initiating a long position. However, with a stock that is trending downward like TAVA, you may get whipsawed.

I would be more inclined to use a trend following indicator with TAVA, but even that wouldn't work very well considering TAVA's volatility.

Retail investors and daytraders are running the TAVA asylum, it seems.

Let the buyer beware!

Best regards,
Joe

Disclaimer: No, I am not a vicious short-seller. JMHO.



To: Dorine Essey who wrote (21299)7/29/1998 2:59:00 PM
From: JBH  Read Replies (1) | Respond to of 31646
 
Hanging by a thread Dorine,

TAVA is oversold...how long will it stay here...it looks like we're getting to the point whereas there are just very small sells going through now. Drying up for the short term. Dead money now. Not many want to sell any shares....not many buyers..hard core shorts don't want to cover. As soon as I sell my shares the stock will go up :)

If I don't sell or buy more the stock will go down further.

Pathetic huh? ;o)

John