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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1687)1/18/1998 7:36:00 PM
From: Instock  Read Replies (1) of 2377
 
Sergio: Thanks for the link. Printing it out now to read tonight.
I do kinda like the exagerated short term trends. Most any stock that makes a very large move UP or Down will have a correction in the other direction. Watching these corrections, I have seen them last from a day to several days or average. The corrections can be as small as 10% or as large as 35%. Looks like a 15% correction is about average.
The trick is trying to get in and out at the best prices.

I am hoping that HCOM is a case were a large correction to the upside will take place. No News to account for the large drop. Company says they do not know why it dropped so much. Hoping that the company may make a statement along those lines to help with the upside correction.
Press from the company or not, I suspect there are a lot of Short sellers from Friday who have yet to cover. When they do cover, there shold be a nice bounce UP. The low float will make the boune up fairly easy!
See the HCOM Thread I started.

In case you have not noticed my comments anywhere, my email has been all messed up for several days. I am just now getting New mail and not lossing it.

You must be psychic. You knew about SEEQ earnings 24- 48 hours before they came out. Nice call!!

Scott
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