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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: starbreak who wrote (27430)	12/21/2000 9:21:16 PM
From: E.J. Neitz Jr	Read Replies (2) of 53068

K, Everyone knows the great story behind HDI. The issue is the current price of the stock versus its short term and long term trend. I really never owned or followed HDI. That comment is very important, because I believe it is very important to watch a stock over time, to get to know its trading characteristics. So, really I feel my opinion isn't worth much with respect to HDI. I will share with you one comment I picked up with my technical analysis charting package--TC-2000. Per Don Worden, "May find support around $30. Should it bounce from that level, it might be considered a short candidate". Sometimes Worden is right sometimes not, but some of his followers will short the stock on a bounce off 30. Until I see support in the stock, I would remain on the sidelines. Ed

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