Be careful of the sucker rally, buy into CPI news is not safe. And forget about ORCL, it's not an market indicator, IMO, just think its commercial on major newspapers and TV "from Amazon, to eBay, from... they all using Oracle…" and 4 cents over estimate was all it managed to get (hint: layoff effects immediately)
ATHM needs to build a firm base around 80 ~ 85. If you can stand another round of hit, then it doesn't matter when you get in. If you trade this stock, need to chase the confirmed high instead of bottom fishing.
I only wish it kept going up for I've bought into ATHM 5 times, yet to sell a single share. Be patient, I would wait and see NASDAQ volume this week. Quit thinking ORCL, this company has more problem coming (hint: slow in service revenue)
Again, JMHO. |