Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Qualified Opinion who wrote (16807)	5/2/2002 2:29:26 PM
From: MeDroogies	Read Replies (2) \| Respond to of 19079

Based on the way the markets have been moving, I'm thinking this is capitulation, but that depends on which side you're on. I'm not bullish, but the bearishness in the market is overdone (much as the bullishness had been). Markets that act the way this one has are trying to find a direction. I happen to think that direction is up - though not at a 10%+ clip. Probably not even 5%+. Bears (still plenty out there, which is why I don't think it will continue too much longer) probably think the worst is yet to come. Play it either way, but make a play. That's the way I see it. ORCL is a good buy, unless they are holding something back. Every time someone has said they were, they weren't. I don't think anything has changed here. Considering selling the June 10 puts. Should be able to pocket the premium....