Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 101.61

+2.8%

3:59 PM EST

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To: Don Green who wrote (6749)	8/29/1998 3:42:00 AM
From: Michel Bera	Read Replies (2) of 93625

Don, I am not too much a fan of Elliott Waves theory, but if I understand correctly, we just started a first leg of a 3-legs series going down. As usual, all crystal balls are welcome as how we should consider the former 5-legs up series. But if we go back to jan95, showing the acceleration of the logarithmic up-trend, retracement of 1/3 or 1/2 (logarithmic way)from 1995-1998 advance might bring back Dow level to 6000-6500. Just my two Elliott cents. MiB

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