Earlie, you may agree with the post, but it seems that you are still bearish on the stock. If indeed RMBS is "dead" as Carl is attempting to prove, why are the technicals so strong? Another case for my turnips' mantra "When the TA and FA do not jive, believe the TA", and right now, the technicals look quite strong, and I would suggest running for cover (like covering shorts?)if RMBS closes above $61.25. If, on the other hand, during the coming decline (only 8 days left<VBG>) RMBS closes under $47, you might have a reprieve. Just be careful, my friend, the coil is wound, I am not sure which way it will explode, but right now, it sure smell like the path of least resistance is up.
Zeev |
