Monday, September 8, 2008

BREAKDOWN of the DAY!!! ~ Oracle Corporation (Public, NASDAQ:ORCL)

ORACLE is an $18 stock.

We've been pounding the matrix on this for months.

Daily low of $18.94

** An analyst for Global Equities Research cut his price target on Oracle to $20 from $28 on concerns that the software giant "is not immune to tough macro conditions."

p.s. Tesoro (TSO) Sees Action On Takeover Talk +0.89 (4.77%)

4 comments:

BUY ON THE DIP said...

TSO ...the sept and nov 20's.

HUGE call options action!

TSOID and TSOKD.

jd said...

Looks like we got a correction downward coming tomorrow BOTD.

Hope its good so I can cash in some puts/shorts.

How I Day Trade said...

Cool blog! - just came accross your site - added you to my blog roll!

jd said...

DIG -6%

Dollar still going up, OPEC announcement.

The dollar should not be going up, says any economist with a brain. Yet it does.

Perhaps Asia had a deal with Hank? Protect our F+F bonds and we'll prop up your dollar some? I don't know exactly what but something isn't right.