Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 201.07

0.0%

Dec 2 3:59 PM EST

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To: Sjp who wrote (4397)	12/11/1997 6:01:00 PM
From: Kumar Nathan	Read Replies (1) of 19080

Hi Thread: Tommorrow depends on how ASIA Market is handling this evening. If they come to a stability, then the market is going to definitely rally. My reasoning is following: If tommorrow's PPI is bad, then bond will not rally and funds will flow out of Bonds. Money has no other place to go except stock especially tech stocks. Whatever anybody say US Market is the safe haven. Therefore there will be directional change from Bond to Stock. Because stock was beaten so heavily in the past week. I believe that the for this week NASDAQ will end lower very modestly with an upward movement on Friday. If PPI is good, then Bond will rally along with stock. For the past 2-3 days Bond has been rallying without the support of stock. This will alter the financial equilibrium between stock and bond market. Therefore, putting all the pieces together, stock will rally tommorrow. Regards Kumar

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