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

To: robert b furman who wrote (17992)	3/21/2003 9:27:57 AM
From: MeDroogies	Read Replies (1) \| Respond to of 19079

I agree about the large position amongst management. The downside to greed, however, is that they have more information and can "play" more. This run up is pretty good, but I'm sure it's purely a war rally. ORCL's CC pronouncements will eventually play a role in getting this lower. Still, they didn't lower expectations, just said that estimates were going to be difficult to meet. I don't see it going below 10. If so, ehas is right and you should back up the truck.

To: robert b furman who wrote (17992)	3/22/2003 12:14:43 AM
From: ehasfjord	Read Replies (1) \| Respond to of 19079

Still waiting for ORCL to drop some more (which it shows signs of doing). It's coming off an M top pattern and heading down. The question is, (and I suppose if we knew the answer we could buy LE's house) is how far down the last leg of the M pattern will go. For the last few months, this has been in the high 10's range. ORCL is not in an oversold condition (as indicated by RSI), Stochastics show a definite down movement, Moving Averages show the same downward move, The last 3 candles indicate down again on Monday, and the "koop-de-gracki" is that ORCL has been going down while many of the other tech's have risen. Hmmmmm Forgot to mention, momentum is also heading south. May nibble again around 10.50 to 10.75 depending upon the planets signs, or continue to wait. Take Care