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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (382)8/20/2000 8:59:45 PM
From: flyeguy99  Respond to of 100058
 
Re: RMBS...

Not only is there a lot of volume "stuck" from $85 up, but I count 3 different gaps just ahead, the worse one being the 96.50 to 101 area, AND the 50dma is also ahead at $85.50.

Just call RMBS = RSTNCE



To: bcrafty who wrote (382)8/21/2000 9:03:43 AM
From: longdong_63  Respond to of 100058
 
Bcrafty...RMBS has an inverted H&S formed but I decide to wait until things settle down with the FOMC....starting to think they might keep a tightening mode on now. Might short something soon.


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