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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How? -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (3)	1/18/1998 5:56:00 PM
From: JEFF CHAPMAN	Respond to of 159

Unfortunately the methodology I am using would not allow me to invest in HCOM as the requirement is intraday trading of stocks down 30% or more. In this specific situation, though, I did not notice any news related event accounting for the selloff. None the less, the only chance I had to trade this stock would have been on Friday, but the chart criteria Friday didn't allow for a trade. Good luck with HCOM though.

To: Instock who wrote (3)	1/20/1998 2:02:00 PM
From: JEFF CHAPMAN	Read Replies (1) \| Respond to of 159

Well my buy of HCOM @ $5 (yeh, hypothetical trades to begin with...) hasn't done much yet. Troughing around around $5 after bouncing from $4 5/8. Still no real news I can see anywhere. I'd think the underwriters have some sort of obligation to support at this point?