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Technology Stocks : Oracle Corporation (ORCL)
ORCL 218.95-1.8%10:04 AM EST

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To: robert b furman who wrote (17922)1/29/2003 12:06:11 AM
From: ehasfjord  Read Replies (1) of 19079
 
After listening to the Presidents speech,
I have some good news as some bad news.

BTW, the Nik dropped under the
threat of war.

Good - There is a timeframe (Feb. 5th) for
the clobbering to start.
Now, this gives the investing public
and major institutions some relief
to their uncertainty. (EVEN THOUGH
THEY KNEW WAR WAS COMING). THE
PRICE IN STOCKS HAS HAD THE WAR FACTOR
ALREADY BUILT IN!

Bad and good - I see (once again) a lemming
response to the above. The sheep will
dump tommorow, at least early on. Oh,
my goodness, a war, we better sell now!
(even though see above). For the shorts
(and I don't) this will be an excellent
time to pick up some very short term $.

The good side
of it, represents a time to buy or continue
to wait until the lemmings have finished
with their "dumping", and pick up some
quality at a lower price.

Another thing, ORCL finished today with a
hanging man candle after a brief run up.
This is normally a bearish sign.

Take Care, and best wishes.
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