Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 95.26

+3.1%

Nov 14 9:30 AM EST

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To: Mkilloran who wrote (10672)	11/30/1998 4:36:00 PM
From: MileHigh	Read Replies (1) of 93625

Mk, Here is some bear food for ya! Re today's close, the candlesticks clearly show what they call a Dark-cloud Cover. This is bearish. The stock gapped open to FRI highs, it then trended down and closed on its lows of the day- that is, the bulls tried to move it higher this AM and the bears took over and finished the day off. The chart pattern almost typifies a Bearish Engulfing Pattern which is also bearish, but does not qualify as it did not "engulf" the prior trading days full white body, but it is pretty darn close to that...... FWIW, Gary correctly and astutely called the same pattern 7 trading days ago and the market rallied 20+ points, so is it real or is it memorex?! We'll see! MileHigh

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