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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: kaka who wrote (17412)7/19/2002 1:18:24 PM
From: MeDroogies   of 19079
 
I would prefer to take scalps at this point. I'm not confident that ORCL will trade much higher than 11 at this stage, but I didn't want to take any chances. Stochastics and OBV were not on my side.
I wouldn't have cared so much if I was assigned, but I'd prefer not to if I can avoid it.
I am sitting on some longer term puts that I sold. We'll see how they shake out. So far I'm about $1000 ahead on those.

Waiting to see if ORCL chooses a direction at this stage, or just meditates at the 10 level.
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