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

To: Jdaasoc who wrote (26895)8/10/1999 9:51:00 PM
From: Don Green  Respond to of 93625
 
> Since majority of people including you are sleeping regarding going long on RMBS, smart people are buying a lot.

No sleep here, just don't feel a need to rush into a stock that will likely go lower before it moves much higher. I have seen too many times people chase this stock, only to see it fall below where they entered it.

I agree a bounce in the market is due, but so is a lot more downside.

But glad you are profiting from your option trades.

Don



To: Jdaasoc who wrote (26895)8/10/1999 10:54:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Here is a riddle for all--

The market becomes oversold and people enter "due to bargain hunting", per the TV talking heads, but they go on to say that we should expect more weakness. Well, was it a bargain if it is expected to turn lower again??

Interesting?!

MileHigh


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