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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (3134)3/16/2001 12:37:58 AM
From: JRI  Read Replies (1) | Respond to of 52237
 
Who knows what the market will do tomorrow?...but Oracle's guidance was abysmal for a supposed growth company.....they harped on and on about how they are going to make money by cutting expenses (said virtually nothing about growth).....they did throw out a few bones about 2nd half pickup (IF economy picks up)...but that seems like silly pander to me...

I have to agree with another poster who presumes that Oracle likely did everything possible to make the quarter...and are likely setting up a real tank for next quarter...at 8x sales....I hope the puppy doubles from here.....I'll be all over it like bodysuits on Anna Kournikova

PPI, I think, is setting up for a possible disappointment....although energy costs likely lower this quarter...but 0.0% expectation seems to leave little room for error...

All this may be irrelevant...I'm laughing how the futures have been stuck all night...hmmmm

Finally, I saw where almost all economists are expecting 50 bp from Fed, but bond market seems to favor 75....is either going to really lead to a rally?.....I think 75 is a must, at a minimum, for a rally to happen..



To: Paul Shread who wrote (3134)3/16/2001 6:55:23 AM
From: AllansAlias  Read Replies (1) | Respond to of 52237
 
The p/c's averages are definitely somewhat high, but not nearly as high as I would expect given the damage. The other thing I notice is that they collapse quickly on any rally, a sign that dip buying is alive and well. I expect p/c's to get far higher than this if they are to be used as an indication of a safe, intermediate-term bottom.

More on p/c's: Message 15511891