Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (10518)	6/23/1998 3:31:00 PM
From: Judy	Read Replies (1) of 120523

Jenna, just logged onto to SI and saw your posts, that you took profits off the table already. Good going. I misgauged the momentum in RMBS yesterday, forgot that the big boys need a few days to load up ... and about the technical buying and the short covering that would occur when RMBS closed at its 200-day mav. RMBS would still be a good trade/investment on pullback to the 5-day ema. The stock will not move based on earnings, it will move based on valuation of revenues the institutions think the RMBS standard can generate.

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