Message #15 From:
Stock News Bot Date: February 15, 2007 11:25:00 AM
ORCL News Zacks.com announces that Dr. Melvin Pasternak highlights the following stocks: Oracle, Time Warner and Hercules
CHICAGO--(BUSINESS WIRE)--Dr. Melvin Pasternak, editor of the StreetAuthority Swing Trader newsletter, explains that last week's trading was quiet until three prominent Fed presidents spoke on inflation. Read about Oracle (Nasdaq: ORCL), Time Warner (NYSE: TWX) and Hercules (NYSE: HPC). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84
Highlights from the February 12 Featured Expert column by Dr. Melvin Pasternak include:
SHORT−TERM TRADING IDEAS
Long candidates include:
Oracle (Nasdaq: ORCL): After testing round-number resistance at $20 and failing at the level, ORCL has since pulled back to important support near $17.
Time Warner (NYSE: TWX): Dr. Pasternak flagged TWX in the November 20th newsletter at $20.43. The shares then traded to just above $23 before pulling back.
Hercules (NYSE: HPC) manufactures specialty chemicals. Dr. Pasternak initially flagged HPC in the February 2nd issue. The shares are currently trading above the psychological $20 level for the first time since 2000. After taking out that key level in early February on better than expected earnings, the stock consolidated above $20 this past week
Read Dr. Melvin Pasternak’s commentary to find out what he has to say about the recent comments of three Fed presidents, receive more information on the companies above and check out other stocks by clicking:http://at.zacks.com/?id=85
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