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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (40870)6/21/2002 6:30:31 AM
From: Joe Stocks  Read Replies (2) of 53068
 
>>You and Joe criticized my trade on ORCL a few weeks ago.<<

Dan, I was not so much critical of the trade but more the reasons given. As I recall it was a buy and hold position with something said about it not being able to get much lower than this. I think I may have said something about not having a stop loss too. I believe at the time I said I could see trading it but it's long term prospects and market conditions did not appeal to me to make a long term commitment. Obviously you feel the same way as you did not keep it. With a cost basis $9 with adds, as you mentioned earlier, it is now below 9 again. Are you buyer here?

Good "trade".

Joe
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