SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: jeff lipschutz who wrote (3886)12/9/1997 10:46:00 AM
From: Sowbug  Read Replies (2) | Respond to of 19080
 
One thing that worries me is that we all seemed to have gotten in very easily at the 23-23.5 range.

In my limited experience at day/position trading, I've found that I'm rarely able to get into temporary downward movements, even if I'm following the stock minute-to-minute. I don't know how the actual trading works down on the floor, but I imagine that it's because there aren't enough sellers at the price I wanted, and because I'm a small fry I'm last in line to buy. Here, though, if my assumptions are correct, then there are undoubtedly plenty of people more than happy to part with their ORCL shares at 23. That concerns me.

Is it a panic, or a harbinger of worse times???