Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] Message Board

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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE]

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To: Texas77 who wrote (1296)	6/22/1998 4:43:00 PM
From: Raymond James Norris	Read Replies (4) of 15094

I see the MM moved 100 shares at 9/16. Looks like a typical attempted shakeout. Must be good news coming.<G> Those that shakeout now will be sorry next week. I have seen statements like these right before a stock tanked 20%, so I don't think it's really applicable to HDIE. Even if there is great news around the corner, there are no guarantees we will see it soon...I am skeptical and believe I have every right to be. Looking at this from a technical point of view, today HDIE closed right at its 50 DMA. I guess the test will come tomorrow instead of later this week. The test really is to see how strong the stock is. A bounce off the 50 tomorrow and I will be increasing my position considerably. A break through it and many people will be selling this one back to 3.50 minimum. Possibly a retest of 3.00. Depends on the volume coming through the break or the bounce (the higher, the better). The only real comfort I can give to Longs right now is that the fall came on very light volume. I sincerely believe tomorrow is critical. It will tell us how this puppy will trade for the next week or two. Conservatively Yours, Raymond J. Norris

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