Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 222.85

+2.4%

Nov 14 9:30 AM EST

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To: MeDroogies who wrote (17995)	3/23/2003 9:16:58 PM
From: robert b furman	of 19079

Hi M, Even if this is a great bottom being confirmed by a higher low in the major indexes. In the next 90 days there will be a nice dip that will retest some excellent moves.As many stocks 50 day moving average pops over the 200 - there should very likely be a dip back to (or very near) the 200 dma. This will be a scary test, but an excellent low risk entry point that will include most of the major move and on a very timely basis. JMHO Long in here and very patient - blowoff distribution tops require long time frames to heal up and get re-accumulated into strong hands. Lots of false starts and best part of all final shakeouts. If I'm lucky enough to snag a leader with no final shakeout - that'll be all I need - to breath much easier ,on all my past 2 years worth of bottom feeding.gg Bob

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