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

To: cellhigh who wrote (2223)	6/9/2000 10:08:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Hi Cell, I am not sure what is wrong with SI today, but I have been trying on and off to get on for the last half hour and only now I managed to do it. RMBS sure looks strong and could explode, but right now, I still have the coming decline to 3400 on the NAz, so I took the RMBS off the table at $241. It sure could break to the high $240 and even breach, but typically, it would have a good three attempt to break through unless some obvious news (like another Eddelson upgrade or reit) come out. Apart of that I just made on it more than 20% ($42.5/share), and that is quite satisfactory to me. Zeev