Yo- Norman, you know me by now, I prefer to let the market speak its mind, I follow the trend. Thus it is rare for me to get at the bottom and out at the top, but I am still trying. The last run I got in the range of $66 to $68, pretty close to the bottom there and out at $91.5, pretty close to the top there, I hope for another repeat. Over the last year I have reduced my "cost" in RMBS under zero (G) using these runs, some of which were for few months, when the stock so obliged. Right now, the stock is much more volatile and so far cannot put together a major drive, so I act accordingly. If the stock is going to put together a major move up, even entry at a new high should be worthwhile, so I will not mind missing the beginning of such a potential move.
Zeev
PS, after rereading this post, I think it is more or less on topic (VBG). |
