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

To: Hardly B. Solipsist who wrote (8770)	11/6/1998 12:19:00 PM
From: Wizard Wannabe	Read Replies (4) \| Respond to of 19080

To all: Any comments on the downgrade?

To: Hardly B. Solipsist who wrote (8770)	11/6/1998 2:05:00 PM
From: MeDroogies	Respond to of 19080

1. ORCL typically does move in spiky fashion, but sometimes during a runup to the options, it makes big upward moves interspersed with little downward ones. 2. I don't believe in TA, but I do believe in mass psychology and animal instincts. TA is often useful in determining when a herd mentality is taking place. The concept of a "momentum" stock is bad over the long term...but all stocks are momentum stocks in short spurts. Problem is determining when. TA can determine that.