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Technology Stocks : Oracle Corporation (ORCL)
ORCL 219.89-1.3%3:59 PM EST
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To: robert b furman who wrote (17877)1/20/2003 11:14:13 AM
From: MeDroogies  Read Replies (2) of 19079
 
Actually, I started after the melt-up in October. I'd taken some large short positions against the Dow and watched them disintegrate. I wasn't confident that the rally had legs. But in the face of those losses, I stopped posting my choices.
I still don't this rally has legs, really. But I think we're pretty close to having seen the bottom. We could retest 7100, and probably will. Going lower, IMO, would require external shocks.
That said, since I stopped posting my picks, I've hit on 85% of the trades I've made, mostly for scalps, but no major losses.
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