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

To: Captain Jack who wrote (21816)	8/6/1998 6:46:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 31646

If you cannot afford the loss you cannot afford to play,,, buy a CD! Thank you John!!! Let's face facts here... TAVA has technically broken down. It bounced twice off of the $5 1/4 - 5 3/8 mark and now has to rebuild (or self-destruct). TAVA must show us (the market) the beef through its earnings for the downward trend to significantly reverse itself. So now we have everyone placing their bets, the longs and the shorts, each vying for advantage over the other at this crucial point. Should the stock begin to recover some gains, we should see greater money flow. But should it break through $5 1/4 support, then good bye TAVA, we're looking at $4 and 1-2 quarters of improving earnings before the stock recovers momentum. Think of the Shorts and Longs as engaged in a Tug o' War. Whichever side weakens first will create a sharp move in the opposite direction. That's the way I see it. I think Wexler is outta line, but then again during the heights of our previous enthusiasm over TAVA so were many of us in thinking we were going to $30-40. Wexler is just trying to shake enough shares to force TAVA through bottom support in order to increase his profits. I can't say as I blame him. I just don't like his methods. Oh well... that's the way it goes Regards, Ron