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Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Commentary: TSC Technical Forum
*New* Alerts! Please click here...

Folks Want Tech, and Oracle Is Giving Them Hope
By Gary B. Smith
Special to TheStreet.com
4/18/01 8:02 AM ET



Boy, Tuesday was a tricky day. Shoot, it was even tricky just watching it, which is what I was mainly doing. I do have a few longs and shorts in play, but sometimes it is best to make no new additions or deletions until the picture is clarified.

So where does that leave us? Sitting, waiting and letting the market come to us. In other words, let's not screw things up by guessing!

Today, a look at the Nasdaq, JDS Uniphase (JDSU:Nasdaq - news - boards), Valero Energy (VLO:NYSE - news - boards), Oracle (ORCL:Nasdaq - news - boards), ONI Systems (ONIS:Nasdaq - news - boards), Genzyme General Division (GENZ:Nasdaq - news - boards) and Cendant (CD:NYSE - news - boards).

So, as I sign off, I sit here thinking that there were many fine amateur athletes last year, but have to say that Rulon Gardner was certainly deserving of the Sullivan Award. Now, let's get wrestling!

Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. At time of publication, he held no positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Smith writes six technical analysis columns for TheStreet.com each week, including the TSC Technical Forum each weekday, and Technician's Take once each weekend. While he cannot provide investment advice or recommendations, he invites you to send your feedback to Gary B. Smith.
Send letters to the editor to letters@realmoney.com.
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Sorry, the page you requested could not be found

Sorry that you couldn't find the page you wanted.

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Content Search:

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TheStreet Directory

Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes