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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (44874)6/16/1999 10:58:00 PM
From: zoya  Respond to of 120523
 
ORCL
Jenna,
Actually ORCL was doing the anticipatory upswing thing in the morning
and then news was released that the company was laying off people.
I think people took it that they may not make their numbers,hence the measures to cut costs, and leaned the wrong way.Many may have just shorted it in the after noon yesterday.When ORCL came out with a better than expected report,there was this huge short covering rally.



To: Jenna who wrote (44874)6/16/1999 11:38:00 PM
From: Judy  Respond to of 120523
 
Thanks Jenna,

I appreciate the work on the chart and see what you mean.

Your words of encouragement are kind. Your posts today have helped. If all trades aren't going to work for you, then why should I expect mine to. My goal for tomorrow is to TRADE!

Reading Disciplined Trader, Inner Game of Trading, etc <G>

Glad to be a Gemmer
Judy in ME



To: Jenna who wrote (44874)6/17/1999 9:18:00 AM
From: manny t  Read Replies (3) | Respond to of 120523
 
Jenna,

I think I should mention that stock #3 of today's Watch List,is heavily shorted by some very savvy Shorters, including Tom Hua,
and Anthony@Paciffic.

If you Bookmark Tom Hua you will see his reasons for his Short.

Of course he could be wrong.

Manny T.