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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (595)3/15/2000 6:44:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Steve, RMBS had to close up since the NAZ closed down (VBG). But more seriously, we are due for a rest, IMHO, and since the run was a good 390 bucks (from $80 to $470) even a minor retrenchment ($130 bucks) will get us to $340 or so, the only "hesitation" I can see on the chart was roughly in the range of $320 or so to $335 or so, thus my "target", feel free to jump in earlier, however, I was going to today, but missed.

Zeev