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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: elliottrules who wrote (15921)5/21/2004 9:54:06 PM
From: robert b furman  Read Replies (1) | Respond to of 207075
 
HI ER,

I have no way of knowing.

It depends on the stock and the trader.Together that makes the market.

Last March my Orcl puts bottomed on the Monday and Tuesday after Friday's expiration.So I guess it is a matter of degree - how many of the shares got put out to them.In Oracle's case a lot must have been put out to sellers.I was surprised two weeks before, 13 was looking like a rock.

Can't help but think it will be a little more time - but I think we're close to a revesral.

Heck July 10th Q2 earnings will start coming out.Some quarters the run up occurs before the earnings hit - like in sell the fact selloffs.Last time we had it run up before earnigs was 3 quarters ago??

Monday will tell and of course Europe follow on Asian markets.

Have a great weekend.

Bob