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Red Hat, Inc. Message Board

  • smisoltr06 smisoltr06 Dec 20, 2011 9:42 PM Flag

    More downside coming in RHT looks at ORCL

    today, reported terrible earnings, missing estimates by a mile. I think we still have another 5-10% to go on the downside, today was a short squeeze, but fundamental issues remain in Europe and Washington, this rally will be sold and faded, be cautious of these rallies, without follow through we will come back down, sell covered calls if you are underwater to recoup capital and protect yourself on the downside. I am curious myself to see how ORCL will affect the markets tomorrow. Good luck all.

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