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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: zx who wrote (14937)12/9/1997 5:30:00 PM
From: Judy  Respond to of 68130
 
Hi agraff, I still like ORCL long term but it may still be premature for leaps. There will be lots of overheap supply for the stock to get thru. Personally I will short ORCL for a scalp when it retraces up to 27ish.

FYI whenever a stock is trading around or below its 200-day mav near earnings my standard line is to wait for earnings to clarify the trend. ORCL was doing that ... so was SIII awhile ago.