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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 (9583)	6/20/2001 10:49:58 AM
From: TechTrader42	Respond to of 52237

I see resistance around 17.9. If it can climb above that, and then above 18.5, OK. But I think it's a short at around 17.9. The report was pretty bad, too, despite some of the spin. The outlook remains cloudy, and if there's another bad warning from yet another company ... The P/E, at 40, is too high, too. I think it'll move with the Naz, which looks iffy right now. If the Naz crashes, ORCL could head back into the 15s, or lower. But whaddo I know? I'm just guessing. If the Naz succeeded in rallying, no doubt people would buy ORCL, too. Why, I don't know.