SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (8182)3/19/2000 8:44:00 PM
From: Jim Willie CB  Respond to of 35685
 
TA on Rambus (RMBS) requested by luker

Rambus came off its 470 intraday high was some gusto... it has taken some Geritol with the announced split, but you wouldnt know it looking at the chart... I try rarely to take news or developmts into TA, since I believe the chart has advanced integration of such things

that was monstrous mofo runup from 70 to 470 in only a little more than one month !!!

almost every selloff I have ever seen occurs in two downlegs... one for the most savvy, one for the prudent... the second downleg started friday and is likely to find some support soon

money flow is still brisk, nothing close to a climax

relative strength is waning, and nowhere near midrange levels yet, some more selling to come still

daily stochastics are on the downward spiral, so more downside still coming... the only question is how far?

RMBS is now 395
18day Moving Avg now sits just below 350 and rising
some solid support appears at 340-355

my guess is that Rambus will ramble downhill some more
it might jump up and down, but finding that 350 level soon

/ Jim