Piffer OT - And Other Assorted Nuts Message Board

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

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To: Jorj X Mckie who wrote (44271)	7/7/2000 5:30:41 PM
From: sam	Read Replies (2) of 63513

Jorj: Me to, fwiw, on RMBS. IMO, in this market environment, the run may be quite large. First bit of news and it will pop fiercely. The "convention thinking" has been that the "smart money" is shorting RMBS. But, take a look at the institutional interest via Thomson. thomsoninvest.net Its crude, to be sure. But its all buy interest (interest, of course, is the operative word). Same pattern last few days. Fwiw, I've seen this sort of thing before. Bought a ton of IMNX in the low 30s coupla weeks back when it was being pressured down -- yet the institutional buy interest was unusually strong.

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