Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.04

+4.4%

12:23 PM EST

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To: Ibexx who wrote (3131)	2/21/1998 1:43:00 PM
From: Jeff Jordan	Read Replies (2) of 93625

I could not disagree more. Technical analysis is a very usefull tool and says volumes on a stocks trading trends. Even a 5minute chart shows you a trend. They certaintly guide you when making decisions when to enter and exit a position. I have made serious mistakes in the past when I have not consulted the charts. It is usually wise to know the fundamental reasons a stock is moving. Technical analysis is extremely helpfull in a stock like Rambus...because it gives you sober indications when fundamental exuberance is flying high the the stock is trading beyond reason. Here is such a site that shows analysis, but states they don't have an opinion because the stock is new to them. And can't make recommendations. But they have enough data to call it neutral suretrade.stkwtch.com Jeff

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