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

To: Still Rolling who wrote (9497)	2/2/1999 1:01:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 19080

Well, I am looking for a dip...but I just bought Feb 55s calls.... ORCL just kills me every time I buy its options....ARRRRGHHHH!!!!! I intend to buy more at the end of the day. Maybe somebody familiar with TA can help me. ORCL broke out of its Bollinger Band yesterday. Right now, it is touching back down on the top band. If it holds...that is sign of a breakout - correct? Does the top band act as support, once it has been broken?

To: Still Rolling who wrote (9497)	2/2/1999 10:36:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 19080

Curious question to anyone who cares to answer. I am not a TA specialist by any stretch. However, the stochastics just turned bearish on the short term. On the other hand, the stock ended today right on the upper Bollinger Band, after breaking through solidly yesterday. Now, after reviewing the last 3 months, this has been ORCL's typical behavior. It is banging along the upper band, with a few short corrections (3-5 days) before shooting up again. Is this a good sign or is the kind of growth that tends to get winded?