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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Junkyardawg who wrote (40293)6/20/2000 1:12:00 AM
From: Jorj X Mckie  Read Replies (1) of 63513
 
Big gap to fill on RMBS down to 60ish...but I don't know if that will ever happen. I wouldn't buy RMBS here and it is on such a high pole that I would expect some sort of profit taking. But whenever I see that tight consolidation on a 50% retrace (from 81ish to 100), I think that it will likely go up. To see what I am talking about, look at the 30min bar or candle chart. I think that there is a good chance that we will see the old highs revisited...but bless you if you are willing to take the chance.
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