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


To: Zack P who wrote (2318)6/12/2000 2:27:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
The warrants in question do not amount to much, maybe a max of 100,000 shares, the guy must have meant something else.

We are getting some very nasty declines today. RMBS went straight to its next support area at $217 before bouncing back. Unfortunately, I was not around to exploit this swing.

However, I decided to takle a flyer on CTXS here at $22-9/16. After 72 Mm shares traded, I would expect most sellers to be out and could see a strong bounce to just above $30.

I'll be off line for the next 30 minutes or so, but I am still going to get RMBS nabbed for another trip. (g).

Zeev