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


To: Don Green who wrote (34326)11/12/1999 12:27:00 PM
From: wily  Respond to of 93625
 
>> but trading when oversold with generally light volume moves is ALWAYS A GOOD TRADE. IMHO<<

But with the stock back at 85-86 hasn't it completely cleared the oversold area (afterall that was VERY short-term oversold). If I don't have a lot of conviction about a stock I like to take at least half off the table after a quick runup.



To: Don Green who wrote (34326)11/12/1999 12:31:00 PM
From: wily  Read Replies (1) | Respond to of 93625
 
Not to mention the stock had broken Zeev's $88 support well before the announcement.