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Strategies & Market Trends : Technical Analysis - Beginners

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To: Dick Brown who wrote (11294)	2/3/2001 3:49:52 PM
From: Nazbuster	Read Replies (2) of 12039

Enter a position at a danger point.. Agree. One could enter an ORCL long trade now (or when stochastics start to turn up) with a very tight stop. Either it stays in the trading channel or it won't. Right now, it looks weak, but risking 3/4 point for the 8-10 point upward potential seems like a decent play. I'd want to see MACD and stoch. turn up through zero/20 first... dssc.com EDIT: Here's a weekly view.. showing it might be better to wait for a lower entry price (around 25+) dssc.com

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