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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 96.73+0.5%12:54 PM EST

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To: Elmer who wrote (2106)10/26/1997 3:30:00 AM
From: Michel Bera  Read Replies (1) of 93625
 
David,

I agree with your point, that was stated long ago on this thread.But technicals are not as from today that much on RMBS side, with stock price slightly under the 200EMA. Well, that may be considered as a buy signal when it crosses upwards <g>.

Regards,

MiB
Long on RMBS too. Would I have been a trader, I should have checked a steep trend when price turned momentum crazy, sold half of the position when it cut that steep trend downwards, and sold the rest when it cut the 200EMA downwards again. And I should be waiting aside in cash, in this dangerous high volatility tunnel base we see now. What do you think, Betty and all?
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