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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (8787)11/8/2000 3:35:34 PM
From: ChrisJP  Read Replies (1) | Respond to of 11130
 
ORCL -- I only bought 200 shares. That should tell you how sure I am. Bwaaaak !

I just felt 10 points down in 7 days was excessive. I think a bounce back to 30ish (if the NASDAQ is benevolent) is reasonable. I also don't like all the stories surrounding the company recently .. like someone is trying to scare people out of their shares. Pure speculation, but look at PSFT and MANU. If they're doing ok, IMO ORCL should be doing ok too.

I think I can risk 200 shares on that guess, lol.

Chris