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Strategies & Market Trends : Classic TA Workplace

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To: Moominoid who wrote (65098)2/1/2003 6:54:10 AM
From: At_The_Ask  Read Replies (1) of 209892
 
Looks like it's been drinking some of what rambus had..bg..
I guess I should study askj's business model because I just don't get it. Even when it ipo'd during the bubble I thought it was a dumb idea, too bad I didn't know how to short back then.

I saw rambus when it first popped this week. I thought about buying calls on it but didn't. Also thought about pooting it but luckily didn't do that either. It has a huge rising wedge going all the way back to april but it's pretty far above the upper TL.

Maybe if it breaks back below I might short it, a succcessful retest and it theoretically is a buy. It may take a while before all the shorts cover and it trades down again. It does have earnings after all.
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