Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 101.61

+2.8%

Dec 5 9:30 AM EST

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To: pompsander who wrote (41033)	4/27/2000 4:41:00 PM
From: Zeev Hed	Read Replies (2) of 93625

Yup, the trend is slowly turning here. I would say that the main area where the battle will be fought is the $220 to $230 area. If the NAZ manages to get above 3900 and close there, then there is a good chance that this resistance can be taken out. Since I am still negative over the next few weeks (except the next few days which could see another run up), I would guess that the bears will win that battle in the $230 area, and sometime during may, we are going to revisit April's lows, and maybe even my GTC at $122. For the time being, the continuation of the rally to $230 is "playable" and I am playing it. Zeev

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