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To: Venkie who wrote (466)6/23/2000 11:37:00 AM
From: Jack of All Trades  Respond to of 436258
 
I say go find something else to short... I think the selling is from people in the know that own the stock in the 50s looking to take their 2X...

JMO



To: Venkie who wrote (466)6/23/2000 11:37:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i think a short up there may be good for quite a few points...it looks like it just made a 5th wave in e-wave terms. unfortunately the stock is extremely unpredictable, so use a tight stop loss point. you can always re-short it later if it gets taken out.



To: Venkie who wrote (466)6/23/2000 11:51:00 AM
From: Archie Meeties  Read Replies (2) | Respond to of 436258
 
Please, by all means, short RMBS. -g-