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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (168)2/21/1997 8:48:00 AM
From: Sam   of 1383
 
Brian-

I never said that T.A was not valid. If you are a "trader" in OO (or any other stock), T.A. obviously has merit. If you are an "investor" in OO, then I wouldn't worry to much about day to day price action - I would focus more on fundamentals.

Months ago OO lent itself to short term trades, it was very volatile. Now, that volatility is gone. Trading it doesn't make much sense now; there are better plays in the market. Since I'm long the stock, I'm holding. The bottom has been reached....

Sam
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