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michael03332002

06/12/03 1:00 AM

#118074 RE: Zeev Hed #118073

ZEEV, do you follow DRIV?

Have looked back and noticed that after either a sequential 4 up or 4 down day, then we have a flip flop for 3-4 trading days. 1 day up, 1 day down, then another 2-4 sequential move up or down.

Although not a particular trading tool, seems to lend some credence to some sort of plan. DRIV has seemed to lag the last few days from the NAZ, although it does not fight the trend completely, will turn down a bit sooner and retrench a little farther after NAZ has turned. Might be good to play both long and short, with a short stop loss intra-day of 18.75 and stop loss long at 16.25. Trying to bring in a sort of ATM play thing here. Seems like, pending blow up or out news or a big trending MARKET day, this stock has settled into a type of pattern.

As always, yours and well as others thoughts are much appreciated.

Michael
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D2

06/12/03 9:24 AM

#118150 RE: Zeev Hed #118073

zeev,

ORCL: Reports early by a week or so, PSFT rejects, I believe ORCL beats and surprises.....IMHO.
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jrintl

06/12/03 9:31 AM

#118154 RE: Zeev Hed #118073

Zeev- You pretty much let go of the 1575 target...are you stil looking for some sort of downturn into EOW, or when does the march to 1500 (+/- 20) start (Don't we need to get going on that soon? We likely aren't getting there in straight-line?)