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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: lindelgs who wrote (29813)1/24/2001 3:34:34 PM
From: Clappy  Read Replies (1) of 65232
 
Hi Leggs,

Looks like RMBS is trying to break out today.

They seem to have broken their downward sloping trendline.
In addition they appear to have penetrated above the high they set last week.

It's taken some patience watching RMBS this past week while everyone else was partying with 20% daily gains...
Hopefully the overbought Naz wants the dance to go on a little longer.
I'd like to see RMBS break 59 5/8 soon.

Either that or some great news that will set off this time bomb...

-Clappy
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