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


To: zx who wrote (15010)1/3/1998 3:03:00 PM
From: Mo Chips  Read Replies (2) | Respond to of 68128
 
ORCL hit 23 yesterday and has a positive divergence in its MACD on a 12 vs 26 day average. Is this a sign that it is poised to go higher and if so, what would be the resistance point?

Mo



To: zx who wrote (15010)1/4/1998 6:40:00 PM
From: Judy  Read Replies (1) | Respond to of 68128
 
Hi, ag

MDT is a stock that I don't follow, so no opinion.

The money center banks should be excellent trading vehicles, both up and down. Up when bailouts and optimism for resolution run high, and down when the cold facts of economic viability is confronted yet again.

Good luck on your trades. Planning and patience, and in that order.