SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 195.71+0.4%Jan 2 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JakeStraw who wrote (17262)6/19/2002 11:20:12 AM
From: MeDroogies  Read Replies (1) of 19080
 
LOL...the error I made last night (as did several of us) was confusing AHT with the regular market.
That said, action in the first hour and half was enough to soak up the entire short position (assuming they all covered...which is unlikely).
The second error was not waiting for the CC, which clearly lowered expectations for the next 2 quarters. They are still good, but not nearly as good as would be expected based on ORCL's results this quarter.

10 would appear to be the cap for now. We'll see what happens, as the market is acting FAR differently than I'd expected. I'd half prepared to go short QQQ today, but decided to hold off. I had a sneaking suspicion that the market would have a perverse reaction to all the good/bad news yesterday. That, so far, seems to be the case.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News