Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 88.13

+1.0%

Nov 21 9:30 AM EST

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To: MulhollandDrive who wrote (17224)	3/9/1999 4:35:00 PM
From: Gary Wisdom	Read Replies (1) of 93625

bp, the simple answer is yes. But, be patient. I keep selling it and buying it back too fast. It is very tradeable. Nothing more. It ain't going nowhere until it takes out the 50 dma on big volume. And with the uncertainties with Intel, I'd say that ain't gonna happen anytime soon. Recommendation: Let's say you have 1000 shares worth of cash to trade. Buy 1/2 position here. Buy another 1/2 between $70 and $71. Sell all anytime you see $76. Of course, that will change one day. But not yet. I can't believe I'm making money trading it. I keep selling too low and buying too high but it moves so much it's predictable to a point. BTW, my 2 day up move barometer rang very true once again today. It was up the last 2 days. No way in hell was it going to be up today. And it wasn't.

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