SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (30506)9/24/1999 4:00:00 PM
From: JH  Respond to of 93625
 
<Intel is rising today from 72 to 76 on extremely low volume that could easily be reversed by any other downgrades>

As of PM3:58, volume in INTC has reached nearly 62mm, which makes it the HIGHEST since March 1999. The candlestick formation from today's price action makes a "hammer", which is a classic bottoming formation. Combining the volume and the candlestick results in a pretty good chance that we may be looking at a possible reversal of the recent decline...

Unfortunately, the same can not be said for Rambus!



To: Jdaasoc who wrote (30506)9/24/1999 4:04:00 PM
From: Dave B  Respond to of 93625
 
John,

Yep, you are starting to sound like a short <G>.

Dave