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


To: Steve Lee who wrote (936)4/10/2000 3:03:00 PM
From: Steve Lee  Respond to of 30051
 
And the RMBS went at 271 when I decided I wasn't likely to get the 272 7/8 I was hoping for. (that's $2.875 Zeev, which woulda put me ahead of Bilow)

Good intraday support at 270 but I wouldn't be surprised to see that demand satisfied before the end of the day, followed by a swoon, probably around 3.30.

Edit - below 268 now, if it stops the descent with volume around 265, I will get back on and try for another $5.