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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Double_Eagle who wrote (8529)10/20/1999 10:39:00 AM
From: unclewest  Read Replies (1) | Respond to of 54805
 
Does this mean that you have been selling RMBS?

i have been asked that question a lot...i have traded rmbs several times, usually 20-33% of my shares. i have bought between 53 and 100 so some trading has been necessary to scalp points.
fyi i found out last night that there are no rmbs shares available anywhere to short...this is a huge oversold condition imo. i checked the timeline on the news about nintendo against the day chart for yesterday...rmbs did not budge. i see no more bad news...only see the pending carmel chipset for rdram due for release on monday...decided the opportunity was to great to pass up and went back to a 100% rmbs position this morning.
uw