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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (9061)10/20/2000 4:34:32 PM
From: im a survivor   of 65232
 
Hi Tom,

<<

Message #9062 from Voltaire at Oct 20, 2000 4:10 PM
Hi Keith,

I would like for you to bring up this post where you asked me directly for my opinion on the goings on with RMBS.>>

Ok, here it is....posted to you this morning :



<<<To: Voltaire who wrote (8853)
From: KG4 Friday, Oct 20, 2000 8:42 AM ET
Reply # of 9066

<<Rmbs - $200 before Jan.>>
You may have already done so, and if so I apologize as I am just now catching up on posts since close of market yesterday, but....do you have any thoughts on the comments by INTC yesterday concerning rmbs.

I'm also not so sure we are in clear waters yet....my gut tells me this is till a very scared market and we will get selling into the rally's.......my guess is we see selling at the close today. Luckily, my guesses have been off this year<ggg>, so hopefully I am wrong again and we continue this rally.

Still very concerned about RMBS....like every story, this one has two sides, and I have no idea which to believe. I really think the intc comments were shocking....I am perplexed that rmbs didnt tank after those words, and in fact wen't up a nice chunk. Could it be that folks are digesting this news and will be selling over the near short term? It just boggles my mind that INTC said the things that they did, while being tied to rmbs for 2 1/2 more years......I just dont know what to make of this. Any thoughts?

Thanks

keith@thisshouldbeaninterestingday.com >>

That was my post to you this morning...I am sure if you look in your box, you will find it...however, no worries here, I am well aware you get a zillion posts a day and I am sure this isnt the first and wont be the last time a message to you gets lost in the shuffle.

<<BTW - did not hear anything from you about the bright prospects of RMBS when it practically led all gainers yesterday.

Jeeez!>>

Well, I'm not going to go back and start copying posts, but trust me Tom, I was one of the few folks that posted about RMBS, the $11 gain and the intc comments. In fact I made several posts, and was really quite surprised that there was like no talk about it at all. Such a good day for the BUS, weird comments about RMBS from INTC and etc.....I probably made 2 or 3 posts on the porch concerning this. I did not post to you as I did not want to...I know how busy you are....I know if I want a response from you I need to post directly to you, but I have been trying to leave you alone as I feel as though I ruffled your feathers last week....but I certainly did post about rmbs yesterday as I was curious as to what the porchers thought about all this. Sorry you missed it.

No hard feelings here, tom...I have the utmost respect for you. I don't beat around the bush however, no matter how much respect I have for someone<ggg>

Keith@greatweekendtoya.com
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