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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.05-3.4%2:42 PM EST

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To: MulhollandDrive who wrote (18335)4/7/1999 2:10:00 PM
From: MileHigh  Read Replies (1) of 93625
 
bp,

Just a clarification on my previous post (because I really do not want to be known as a bear <gg>). Any move up in RMBS is a positive, don't get me wrong, but the close today and the follow through is important. We pushed higher earlier and then sold off, now we seem to be moving higher again, this is positive.

I see resistance around 75-77 area then around 82-83. A breakout on volume above 83 is a buy signal IMO, FWIW (not much I know)

I think most of the old-timers know where I am coming from as we have all seen RMBS move up and down dramatically, follow through is key....

Regards,

MileHigh
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