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


To: Glenn Norman who wrote (33906)11/4/1999 3:33:00 PM
From: Don Green  Read Replies (2) | Respond to of 93625
 
Yo_ Glenn Norman

>Please explain to me why you are willing to take profits on violent UPSWINGS but not on violent DOWN SWINGS

I prefer to avoid the risk when shorting such a violent stock, because in the LONG run I think the trend is higher. I just feel
(and have been correct) I can prosper more by trading it on the long side vs just holding on. Once earnings start to roll in and if they are near expectations I will likely buy and hold. I hope that isn't hard to understand.

> . 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.

NEVER said it is absolute. Just a better barometer than anything else around that I have seen.

I do at times short stocks, just not Rambus.

Don