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


To: Don Green who wrote (33903)11/4/1999 3:15:00 PM
From: Glenn Norman  Read Replies (1) | Respond to of 93625
 
Yo_Don Green..............Please explain to me why you are willing to take profits on violent UPSWINGS but not on violent DOWN SWINGS, it was you who has so adamantly professed the certainty of downward movements of RAMBUS as you love to tell us how you wait to take advantage of pullbacks to the upside, why don't you also take advantage of the downward movements with a short position? It appears to me that your trading from 38 to 109 has only netted you HALF the profits you COULD HAVE made by also trading the opposite direction from 117 back down to 51. I was thinking about your 70 -20 -10 system last Friday when the markets were skyrocketing up and RAMBUS was trading down at 66. If your 70 -20 -10 is so absolute then you should be able to trade the short side even better using this very same system. I just don't understand your one-way logic, but such is the mystery of life!

Salude and as always -good trading - Norman

L R for a V L T!



To: Don Green who wrote (33903)11/4/1999 5:06:00 PM
From: John Walliker  Read Replies (1) | Respond to of 93625
 
Don,

Since so few here ever make any REAL money, just watch their paper profits and dreams rise and THEN fall with Rambus.

Yes, I've been there:-(

I appreciate your moderating comments. Optimists like me need them sometimes.

Especially when holding options. And yes, I still have some Iridium wallpaper. I didn't believe the pessimists/realists.

I am getting better though - I sold 30% of my ARM holding recently just before the 50% rise. However, looking back I still think it was the right decision from a risk/gain point of view, even though I lost out on a rise that I did not anticipate. Market sentiment is a fickle thing.

John