VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (11434)	11/3/2000 11:17:19 AM
From: Jim Willie CB	Read Replies (1) of 65232

Tom, RMBS over 57 with heavy buy imbalance we may benefit from what I call a "technical slingshot" this effect involves reversing in price action for whatever reason here it was correcting reaction to an old and misleading story if slingshot effect, then expect a run from (rough numbers) 58-60 down to 40-42 then up to 76-78 on a momentum swing could happen easily wish I tripled up down toward 40 greedy boy, Jim / jw

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