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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: Don Green who wrote (20880)5/26/1999 6:17:00 PM
From: unclewest  Read Replies (1) of 93625
 
>>Again sorry to disagree, but that move you referenced had died recently and IBM was taking the Techs and the overall market down with it.<<

don,
i am sorry to disagree too. if you change that 5 day chart to a 30 day, you will see that ibm was up from 205 on 28 april to 246 0n 13 may. 41 points in 2 weeks. then it gave 1/2 back no doubt due to market pressure aka short term thinking aka profit taking. you have taught me to expect that. i just don't ever know if it will be after 1 point, 5 points or 40.
now ibm has recovered and is overall up some 35 points in less than one month. i wonder how many of the folks that sold on the way down bought yesterday so they could catch today's big run.
unclewest
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