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

To: Matrix_Man who wrote (3082)	7/11/2000 1:36:05 PM
From: Zeev Hed	Respond to of 30051

Matrix, I bought RMBS yesterday, when I called my broker around before $10, it was well under $95, I put in a sell order at $94-7/8(I was out of the office till now). Well, it turns out I got the price and I am out, (Loss about $2.5), will not know the next buying price until we set a trading range, but I do have a buy order in (again, sucker for punishment) at $77. Warning, however, the yellow flag of last week is now red, and RMBS could go back all the way to the low $50'. I see that the "holy one" has broken trough, next target there is $26. Zeev Zeev