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

To: Qualified Opinion who wrote (17197)	6/8/2002 12:00:51 AM
From: robert b furman	Read Replies (1) \| Respond to of 19080

Hi Rob, I've had the stress of owning both Orcl and Jdsu lately. I was very pleased to see that they were BOTTOMED this morning. They were the first to respond positively during a substantial sell-off. I'm now very ok with my ownership.I've always been a positional trader. I think we saw a bottom today or very close to a bottom - which may require a marginal retest. The economy is on the mend - the prewarnings vs, upgrades are almost 1 to 1 - and recent history says that's unhearrd of. It won't take long and this market is on the mend.I think it is time to be aggressive on the dips as the last great value buying opportunity out there. JMHO All of the shorts are getting mouthy now - that's a contrarian sign - they're nervous - they should be. All indicators show this to be a market very close to reversing.I'm not a guru who sees the future but I do know that oversold can double dip and even get ugly from there - (October of 98). But then our economy creates profits and that opportunity creates optimism. That builds a bull market.JMHO We're close - I've been patient - now I'm getting excited. Always keep in mind - IATL - IT ALWAYS TAKES LONGER. Hold with Confidence !! Bob