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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (26893)8/10/1999 9:03:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
> RMBS will be good as gold for short term..

I hope you didn't really mean that. LOL!!!

I agree over the next 3 weeks there will be a point when this will rocket, not sure when but doubt it will be in the next few days. For me it is a matter of concern for the overall market is greater than catching the Rambus too late. It is a risk I am willing to take. I will likely buy after, or at at the Fed move reaction by the market Until then I watch and try to be nimble.

A test of !0,500 must occur on BIG volume before any all clear signals. If that fails 10K will come very quickly along with Rambus in the mid to low 70's IMHO

BTW I assume you are also in Rambus for the trade, what is your upside objective or where to you place your stops.
regards
Don