Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 92.90

-0.5%

Jan 12 3:59 PM EST

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To: MileHigh who wrote (9955)	11/19/1998 12:32:00 PM
From: Ms. X	Read Replies (1) of 93625

One should be careful with the semi's right now. The sector is extended into the 70% level which is where it traditionally reverses down. That isn't happening yet but I always play a little more conservatively at this level. Meaning, waiting for pullbacks and taking profits on trades when profit levels are reached. Interestingly, when a sector is at these extended levels, the stocks make there most aggressive moves - up or down. One could play the volatility very well but always have your finger on the button. If long, make sure the FA is in place yadda yadda and know the stop loss. My .02 for the day. Wheew exhausted now. More coffee.

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