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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Sosmartinov who wrote (11820)2/3/1999 6:01:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 90042
 
JMHO: I have been trying to find an entry point for RMBS for weeks but it just bounces
betw hi 70's and 100 wi no pattern I can discern. Today looked good but news from
INTC wi Japanese alliances sounded "somehow" not good...actually everybody just trying
to get the chip(S) out and about before going broke. Should be magno-stock, my guess.


Today seemed like a buying opportunity but I would have been more comfortable if I knew the cause of the decline in a strong market. I did not take a position today.

Glenn
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