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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.40+5.4%Dec 19 9:30 AM EST

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To: Don Green who wrote (22195)6/9/1999 12:56:00 AM
From: J_W  Read Replies (1) of 93625
 
Don,

I think the Big boys might just want to cleanse the waters of the short sellers..

" Blood in the streets"...then let it dive down again to the 70's.. JMO


You may be right.

(Another view from the PNW)

I think tomorrow is going to be an interesting day. If we open higher and continue to move higher into the morning, that is only going to trigger even more short covering. How high we will go - who knows. But I do agree with you that that move will be followed by a significant move to the downside as the shorts take up new positions. They (the shorts) are anything but done with us. In any case all moves will be greatly overdone. Good conditions for a nimble trader.

Regards,

Jim
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