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

To: pompsander who wrote (39093)	3/31/2000 12:02:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 93625

Pomp, I did not think that 4600 would be broken, now that it is, there is very little resistance between here and 3800 on the NZ, IMHO. 4400 is supposed to give some support but that was breached this morning, and then I have another little bounce point at 3280, I fear we may take these out and get a very rapid decline to just under 4400 before liquidity seasonally strong in the first two weeks in April stabilize the market and earnings reports provide some support (INTC reports April 12th I believe and anticipation of that report might also provide some support. Personally, I got stopped out yesterday and today of many positions and am not doing any nibbling yet since, as I said earlier, I fear a blue Monday next week. Cash is in excess of 70%, so I'll have plenty of amo to reenter if this tech massacre get stabilized. I still see a powerful summer rally leading into the elections, so between here and late May, we should have some good opportunities. Zeev