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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (53454)9/14/2000 11:42:22 PM
From: Zeev Hed  Respond to of 93625
 
misheldo, you may be right and the action today (and possibly tomorrow) is related to triple witching. Nevertheless, if the $77 or so does not hold, it may indicate that the opposition is taking other steps we are not aware of as yet. That is the third time in a row I am getting whipsawed by the bu$$, no great damage so far, but it surely looks like a warning signal to me.

Zeev



To: mishedlo who wrote (53454)9/15/2000 8:48:14 AM
From: adairm  Respond to of 93625
 
RMBS appears to be a coiled spring ready to jump. The price has recently broken above the 30 day SMA, the stocastics have recently moved up out of 'oversold', and the MACD histogram recently crossed over the midline to positive territory.

Usually, when these 3 indicators move positive at the same time, it's a good sign.

No system is perfect, but from a TA point of view, this is about as good as it gets.

Adairm


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