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


To: richard p. martino who wrote (10683)1/27/1999 1:03:00 PM
From: MeDroogies  Read Replies (1) | Respond to of 15094
 
Back in at 8 3/8 for a portion of my lost shares....sigh.
I'll try to get in lower (crossed fingers) to make it up. If not...I'll look for another investment.
HDIE will be great, no question. Just don't want to tie it all up at a "paper" loss. I think/hope I can find a better (or just as good) place for my money.



To: richard p. martino who wrote (10683)1/27/1999 1:46:00 PM
From: Charliss  Read Replies (4) | Respond to of 15094
 
I think we have to conclude that both IBM news and earnings were factored into the highest price we have seen: 10...10 1/8. Actually, probably all positive items are in this price, including any forward looking sentiment.

I would look for a drift down from here, which would reverse when the following happen:

Analysts begin covering and putting out buys.

Contractual and agreement announcements of big import are made.

HIE gains more visibility in the financial and industry press.

Anticipation is increased as the next reporting date draws near and new investors arrive and positions are increased.

I sold shares at the open today. I stayed tuned to the cc and was ready to buy back at any indication to do so. Even though the price did go lower than where it is now, I was reluctant to buy back at that point in the cc. However, it turns out I could have done that.

Since I see it going lower than where it is currently(8 7/16), I am inclined to wait some for buying back. Should it move upward instead, I would still wait for it to get back to 9.

This is how I am comfortable. It is not for everyone. While I keep an untouched core of this investment, my goals require activity, whereas another's may not.

HIE is a great company, up and coming for sure, but I like to temper my expectations so they remain consistent with my goals. While my trade here today was a significant sum for me, it was nevertheless not a big percentage gain as gains go. I made 3/8, but making 3/8 was not my intention. Seeing that it was likely to go lower, my intention was simply preservation of capital plus a more profitable buying position. Seen this way, my trade was a conservative move.

About stops: In most cases, I use mental stops for loss. While I am not a day trader in HDIE, there have been times, and probably will be in the future, when I buy and sell in the same day. Anyone who does this is not hurting the "buy and hold no matter what" investor.

A thread such as this, and many others on SI, can be a great resource, not so much because we receive news here, which can be obtained other places, but because it gives us access to all kinds of personal intelligence and experience that is represented by a diversity of posters and their strategies. However, without self examination none of this will work that well for us, for ultimately each one of us is responsible for individual success or failure. The greater the amount of information, the greater the need for focus, discipline, and self knowledge.

I like to remember that we have a lot of good people here, both frequent traders and long term investors, including even those who argue with each other. Like the rest of the world, differences abound here. If we can't see the differences as learning opportunities and as perhaps ways to complete ourselves, it will be our loss.

Invest well, make money.