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


To: ehasfjord who wrote (18096)6/3/2003 9:09:23 AM
From: MeDroogies  Read Replies (1) | Respond to of 19079
 
The only question I have is....why? I'm not raining on the parade, but I'd have to ask how far is "up"?
While I don't see good reasons for ORCL sub 10, I also don't see good reasons for ORCL +13.
Overall, the Dow seems to be charting a long term ascending triangle from October lows, with 9000 as the "top" of that triangle. The question is, will it complete the triangle with a breakout, fall back to prepare for a final assault, or fail?



To: ehasfjord who wrote (18096)6/3/2003 10:46:49 AM
From: robert b furman  Read Replies (1) | Respond to of 19079
 
Hi Ehas,

Thanks for your analysis - always enjoy the "eagle Eye" of yours.

Bob

P.S agree but price is frisky - seems to be a magnet above 13.00.

Definite uptrend at work - nice and steady slope - the kind you may not be able to get back into unless you pay a little more.gg