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

To: jhg_in_kc who wrote (33758)	11/3/1999 8:50:00 PM
From: wily	Read Replies (2) \| Respond to of 93625

>>what are you saying? that it will go back down 27 per cent. Please clarify. thanks<< If you look back to May of this year, which was when the downtrend from January reversed and there were a lot of shorts, every time there was a one day spike in the price you would get a complete retracement within the next week or two. Today, the price really took off when it cleared $74 and acted like short covering. I would expect a retracement to the $75 area within the next couple of weeks. wily