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


To: in_cog_nito who wrote (28388)4/1/2002 1:30:18 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Hey Scott

Glad to know you are still around.

"At what precise moment should I trade a stock" LOL!!!!! If I knew that answer I'd be very wealthy and not posting on these threads! ROFL

ORCL is building in resistance at 13. I would not be surprized to see it form a new trading range between mid 11 and 13 over the next 90 days.

Markets in general should make a slow and gradual trend lower. As Sergio mentioned gold and oil stocks are the plays for a while. Events in the mid east should keep these plays going for a while as people feel that gold is a safe haven and oil crude going higher due to the tension and uncertainty in those oil producing countries.

Personally, I'm going to stay away from most tech. for a while. Bought some NXTL on Thurs. that will sell tomorrow. Support is currently at 5.00, but that could change very fast.

Ken