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Strategies & Market Trends : Picks you can sleep on.

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To: Rainmaker who wrote (2216)3/15/2000 11:56:00 PM
From: MIKFREE   of 2241
 
yeah, wow, from the looks of things, I would say the Naz looks like it's ready to meet the Dow in the middle, which wouldn't be a nice picture for the Nasdaq! I sold both my positions before they fell much further today, and got into ORCL because of it's blowout quarter. This one should be 100 before summertime. Of course the PE is pretty high, which isn't very smart considering the situation of the Naz right now. . . I'll give it a few days and see what develops, but for now, I'll just hold my cards here. I've been trading too much, and today I decided to get into something which is likely to do well in the longer term and just leave it alone. Good luck to everyone tomorrow, I'm gonna hit the sack. Got a job waiting tables at night on top of the day job, so I gotta sleep when I can!
Later on,
Mike
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