Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: go4it who wrote (3843)	5/15/1999 5:15:00 PM
From: Mike Learner	Read Replies (1) \| Respond to of 39683

Charles, Re ORCL, do not feel bad! I did the same thing; I exited on Thur @ 23 (Bought at 24 15/16)! It may trade within a very tight range for awhile, however, I do not wish to get up one morning to see it is trading around $ 16! I experienced the same situation with IFMX few years ago and I learned to exit at the sign of danger (IFMX opened at $10 from $20 + close)while I had big position and the analysts had strong buy on the stock and it was listed on the Standard & Poor Five Star Stocks!!!). Reagrds, Mike

To: go4it who wrote (3843)	5/15/1999 6:56:00 PM
From: john g	Read Replies (1) \| Respond to of 39683

Sorry you think me rude. I think he's wrong and believe next week will more than prove it. He offered no more than he's short, I've certainly offered plenty in past postings to show why I'm long. Guess we'll see what happens

To: go4it who wrote (3843)	5/16/1999 12:44:00 PM
From: Dr. Stoxx	Read Replies (2) \| Respond to of 39683

Charles, Johnnie has a reason to be rude, since judging by his profile SONE long seems to be his only trick in the bag...though not a bad trick to have really. For his sake I hope I am wrong...and I very well may be. This is not a BTTT trade (usually a bad sign!). My SONE venture (risky, I know...but a string of 15%+ weeks has me taking more chances...another bad sign!) is based on: post-split sell-off, bounce off parallel line resistance at 58-60; ROC divergence and crossover, and trendline resistance. The bigger picture is that SONE is basing and getting ready to continue its uptrend. For now, I'm just looking for a quick $2-$3 swing trade. But I'll cover if it opens strong on Monday. Hope this helps, TC.