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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (16691)4/10/2002 11:40:55 PM
From: Jerome  Read Replies (2) | Respond to of 19079
 
Hey Robert...when you get around to it post a link that shows the crossover of the +D1 over the -D1

On the following chart for ORCL the + and - D1's are about ten miles apart.

stockcharts.com[l,a]daclniay[p][vc60][iUl14]&pref=G

By the time I figure out this system ORCL will have recovered.

My strategy for now is not to sell any shares of any tech stocks. And at the same time write some covered calls with the objective of not being called out. The basic problem is that future call premium on ORCL has withered to raisin size, and the risk reward factors are not good.

JMO...Jerome



To: robert b furman who wrote (16691)4/11/2002 12:21:12 AM
From: Night Writer  Respond to of 19079
 
robert b. furman,
We both have sick minds. I have to work on making exits with small losses. I did that a lot until September last year.

I got caught short when Greenspan popped the the surprise rate cut in April. Then I went back to trading long and stopped out so many times I almost stopped trading. Then September happened. I have one good trade and one bad under my belt since then. Made a little money. This trade is my third one. I'm down, but I'm not out. <G>
NW