ETF CORNER

ORCL : Dead cat bounce seems over !

ORCL : True love !

In the previous post on ORCL that i made on July 15th Oracle (ORCL) was trading at $32.10!

The title of the post was "contrarian love", reason being that my wife works for Oracle and did not really want to sell her stock at $32 since the CEO Larry Ellison expected the stock to double in the next year.

My advice to her was to get out at $32 (Click Here)

The truth so far is that ORCL fell from 20% $32 down to $26.

Now i don't rule out a bounce in ORCL in the short term, but so far only true love gives the best advice and Larry Ellison can go eat a hot dog !

In the chart below you can see your ETF Corner host , Mr Ellison and my wife !

ORCL : Contrarian Love !

My wife works at Oracle and apparently she is totally convinced that the stock is about to double in about a year or so ! 

This one goes to you my love : Looking at the chart, Oracle is going down to $27 in the next few months 

I love you, but I'm short the stock !