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EOD Oracle reaction may be a trap ?



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EOD Oracle reaction may be a trap ?

Well, I hope so. I sure was feeling a lot better about 5:30 pm CST after noticing that the big rally on Oracle went bust upon the e-minis re-open. Since the 3:04 pm Oracle air pocket:

Appears that AMD has warned after hours
Ciena has warned after hours
Apple cuts Q3 revenues and profit estimates after hours
Intel to take $100 million charge on web hosting business close out.  

(I am swing trade short from 12:00 lunch on S&P's)

Whew !@#$!


Frank