Orion, it is difficult to predict, my "predictions" have all been too pessimistic, I promised Steve, $167 in six weeks, he got it in three days, then I promised him a high of $237 (taking the old high and doubling it) and he got that and then some today. It already looks like $260 will fall tomorrow, but, since I am not going to be here all morning and possibly even most of the afternoon, I have put a GTC at $259, I think that we may reach it and more, but may very well retreat from there as well. RMBS, as rambunctious as it is, is nothing compared to the current craze in the superconductors.
Zeev |