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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (15342)	6/9/1999 10:37:00 AM
From: BarbaraT	Respond to of 43080

In truth, Jeff, the best time to buy some of these (For investment purposes) is when no one will touch them. That is, if they are solid companies. I remember when no one wanted IBM at 47 (I bought it and everyone told me I was crazy and so I sold it at 45 for a loss ... within several months it was more than double ... and you know the rest.)

To: Jeff Jordan who wrote (15342)	6/9/1999 10:38:00 AM
From: John J H Kim	Respond to of 43080

So you know what's gonna happen don't you...CPQ is gonna make a nice rally, and then your mother is gonna say to you: "Listen to your mother Jeffrey, moms are never wrong!..."

To: Jeff Jordan who wrote (15342)	6/9/1999 10:40:00 AM
From: Susan Saline	Respond to of 43080

>>>My mother begged me to buy this dog....I fought her very hard...but it's her money. >>> She's in @ 24. What support this thing is headed to 17-18 very soon. Dead money for atleast 8mos. There are so many negatives I don't know why anyone would go near it? <<< am thinking a stop loss at 22 5/16 ... but doubt that it will go lower if wrong ... will take the loss. but 17 support? sheesh that from the middle ages in 1997, which has little bearing on today's prices you should listen to your mom, jeff <gggg> in this day and age ... sentiment changes like the wind one day a winner ... next day a looser such a crap shoot ... this market

To: Jeff Jordan who wrote (15342)	6/9/1999 10:43:00 AM
From: tom pope	Respond to of 43080

ORCL is an interesting situation. It ran up strongly after Ellison's bullish comments, turned back from resistance near 30 and sold off yesterday and today. According to the Street.com, there has been heavy put buying. Earnings are due 6/15 after the bell. Even a wild man like Ellison wouldn't risk raising expectations in the way he did unless earnings were indeed pretty good (I think). Anyway, it's worth putting on the screen to see if there's any hint of a pre-earnings movement.