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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Brian Sullivan who wrote (42899)3/1/2001 8:20:18 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
OT re ORCL and shorting:

If Oracle doesn't gap way down tomorrow, I may short it. Just about every big-cap tech has given back the entire 1999-2000 bubble, and is back to end-of-1998 prices. ORCL would have to go to 10 to do that. They broke support at 22, rebounded back up to that new resistance level, and now (obviously) are going to tank. Not much hope of any good news to prop them up anytime soon.

My other short candidates are:

AMAT at 49
NTAP at 49
CSCO at 31
Juniper at ??

Hopefully at least one of those will get to those prices on the upcoming bear rally.