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


To: MeDroogies who wrote (17310)6/27/2002 12:40:29 AM
From: ehasfjord  Respond to of 19080
 
Re: The NAZ today - wow. I couldn't believe it -
yet it confirmed my earlier post (I suppose even
a blind pig finds a truffle every now and then).

From a short term perspective, the indicators
were correct. Re: ORCL, it also responded quite well.
Here is a 60 min chart of the action on the NAZ today.
Even though (on a daily chart) the candles show positive,
the last 60 minutes indicates a "hanging man". This
needs confirmation tomorrow (for a few 30 minute periods)
as to what MAY happen. I did notice quite a few trades
going on the + side on the QQQ. A good indicator - but
perhaps a false one.

siliconinvestor.com

Re: ORCL, I don't like the doji in the last 60 minutes...
Looks as though the market is undecided, but, at least
it was moving up even before the pop on the NAZ. Still,
all in all, ORCL still looks positive.

siliconinvestor.com

Take Care out there!