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

To: pompsander who wrote (41172)	4/29/2000 11:11:00 AM
From: Zeev Hed	Respond to of 93625

Pomp, the markets eventually move in unison. Divergence are often warning signals. Sure there are sectors that are more defensive in times of rising interest rates and other more immune, but just like in Mid April, when the NAZ was tanking and the dow holding and even marching to within a shouting distance of a new high, the DOW finally succumbed big. I still view the current recent rally as a rally within a mini bear market. We retraced only 50% or so on the first attempt, and we have to get above that retracement top to become more positive (arround 4400 on the NAZ), I think we will get a fake out break above 3900 (which is the P&F dictated breakout) and then go back down. I would say that this top will occur before Wednesday afternoon. By then, RMBS could reach $280, however (G). Zeev