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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 105.01-5.1%3:59 PM EST
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To: E. Graphs who wrote (22098)6/8/1999 5:12:00 PM
From: Zeev Hed  Read Replies (2) of 93625
 
I am looking at the failure of INTC to put up any upward move in the recent rally, and that leads me (together with few other indicators) to believe that we will get "whacked" on the way down. I expect this to be over before the end of June, however. I have a bottom on the SOX above 360, if it holds these, we probably are going to get a decent summer rally, if not, who knows, maybe a short "bear market" is due?

Zeev
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