Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 196.99

-1.6%

Nov 25 3:59 PM EST

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To: John T. Hardee who wrote (7144)	5/18/1998 3:33:00 PM
From: The ChrisMeister	Read Replies (1) of 19080

"... like Rodney Dangerfield it gets no respect" Good analogy. Not sure why it should get any R-E-S-P-E-C-T or mojo going until there's a reason (other than the hope of the longs) for it to do so. This may not happen until earnings are announced, but I see more anxiety rather than anticipation leading up to this. Technically, the last several weeks has looked like consolidation in the 25 1/5 - 27 range, rather than a bottom. Since the direction of entry into this range was down, the likelihood is that the exit will be a continuation in the same direction. We don't go oversold until we get below 23 3/8. ChrisMeister

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