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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?

To: Raymond James Norris who wrote (1318)	6/22/1998 11:28:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 15094

Raymond, relax. I think your posts are good and well thought out. But in small caps, there are some questions as to the effectiveness of TA, as you point out. I think that HDIE will perform well as time goes on...especially if they produce some good news. Personally, I think most small caps react more to news than they do to perceived trends produced by TA. However, your analysis has some solid backing, since HDIE has performed in a similar manner as recently as 2 years ago. Regardless of whether you are right or not, HDIE could easily fall into a trading channel right at these levels. That is what I expect to happen. No chartists are buying this stock, at least not at any appreciative levels. Rather, MMs are standing by, preparing to pounce on weakness.