Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.82

+2.7%

3:59 PM EST

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To: Dave B who wrote (15708)	2/17/1999 8:10:00 PM
From: Gary Wisdom	Read Replies (1) of 93625

More facts and figures The 13 dma is $74.65. If Rambus doesn't close over that tomorrow (no bears need respond), this will be the longest Rambus bear market ever (26 days under the 13 dma). The 200 dma is $65.14. Important figure to watch. Rambus has given back all its gains back to November 17. Congratulations traders, it's been fun. However, for the long term investor, once again this market proves that the only way to make "real" money is to trade stocks, and to trade them well (which I have not been guilty of lately). The last time Rambus went down four straight days was December 24th to 30th (included a weekend). If we're down tomorrow, we'll be down 4 straight days. Rambus has dropped another 20% from the intraday high of $83.50 set on February 3rd. This is one volatile mudda. Well, almost 20%. In 26 trading days, Rambus has dropped $42 from an intraday high of $109.50 on January 11th to today's intraday low. I'd venture to guess that not many other stocks in this market have taken such a haircut. Congratulations all. Feel better? <ggg> Glad I sold at $96. Real sorry I bought some back at $84. Such is life.

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