My favorite method of propagating acorns (including valley oak) the past few years has been as follows:
-After collection, mix the acorns with some peat moss and put them in the refrigerator
-They will start to put out their initial root relatively quickly
-Let the roots extend for an inch or so while they are still in the refrigerator
-Take the acorns out and cut the tip (1/4 inch) of the roots off with a sharp blade
-Sometimes I dip the cut end into rooting hormone, sometimes I don't. I've had success both ways and have read that rooting hormone only stimulates roots when used on a plant's stem tissue. My strategy is just to collect enough acorns that I always have plenty that succeed.
-After cutting them, plant the acorns in a mesh bottom nursery flat in a soil mix that you would use for cuttings. I use a mix of perlite and peat moss, about half and half.
-Keep the flats off the ground so the new roots get continually air pruned.
This method is good for oaks because the energy reserves in their acorns are so large that they easily put out more roots when pruned at this early stage. I've probably had success rates as high as 95%. Sometimes you only get one or two roots coming out of the cut end but often you get a nice radial root system emerging from the cut. I figure if you are going to grow oaks from seed, you might as well deal with their challenging tap-roots at this early stage.
Oh, one more thing.....GO GIANTS!!!!!!!!!