Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 219.89

-1.3%

Nov 17 3:59 PM EST

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To: robert b furman who wrote (17951)	2/2/2003 12:34:38 AM
From: ehasfjord	of 19079

Hi to both of you. Yes it is, and I for one am still surprised. However (and you knew this was coming), consider the following: RSI which can be used as an overbought/oversold condition headed down even though price went up. In other words ORCL went up but RSI didn't. RSI continued on a downward move. Probable negative divergence??? RSI still not in extreme high 70-80, or low 20-30 area range - but, based upon market sentiment I'm real goosy on ORCL at this point. Stochastics - %k didn't rise above %d as it should have if the price went up. Another ???? Momentum - Flat, but if price went up, mo. should also. Combine last weeks candles and boll. bands - not a glorious situation (change the period on the chart I'm sending, to week form daily. I think that the entire market attitude rests upon whatever C. Powell has to say next Wed. Take Care! siliconinvestor.com

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