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


To: MulhollandDrive who wrote (3149)7/12/2000 6:47:35 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
As for RMBS, I think it will need to retest the mid $80' and hold before it attempt a retake of $97, we have another gap all the way to $60 and something, and frankly, right now the odds that this gap will fill have greatly increased since typically, with such double gaps, if one is closed both are. I am out of RMBS and looking for wither developments or improved technical action, it is currently on my avoid list except for intraday raids.

Zeev