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Strategies & Market Trends : Nelson's Trail

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To: Nelson Chang who wrote (19)3/23/1998 3:44:00 PM
From: Nelson Chang  Read Replies (2) of 50
 
Sold short RMBS @ 40 5/16.

1) Buying for break below 40.

2) Market is pulling back.

Warning, though, the low volume in RMBS is not reassuring that RMBS is gonna break 40 but it is getting closer.

Currently, 40 3/16 x 40 3/8.
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