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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: honjohn007 who wrote (24169)3/10/2001 4:27:15 PM
From: Ken W  Read Replies (3) | Respond to of 29382
 
Hi John

Finally drying out a bit in the North county? LOL

ORCL broke support at 17 on Fri. As Ditch pointed out that was a support spot from 1993!! That being said, I'd be real careful with it at this point. With the current markets as they are it could go a down to 15 to search for some new support. I say 15 because stocks seem to want to settle at whole numbers and when they had the bad news last week it came off of just below that number.

These tech. stocks have been so bouncy lately that it is hard to get a good feel for them.

Have you taken a look at Sergio's GOU? I think it has the upside of 8 to 9 within the next 30 to 60 days.

Ken