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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (6699)10/9/2000 1:06:29 PM
From: Robert New  Respond to of 65232
 
Dealer interesting point on RMBS. Wouldn't be surprised if the action in RMBS is a shakeout today. Seen it many times...should be interesting to see if we can get back to 75 by the close.



To: Dealer who wrote (6699)10/9/2000 1:58:05 PM
From: im a survivor  Respond to of 65232
 
RMBS is just killing me today!! To have held up so well....to have shown such good resistance at the $77 level...and to have just the other day been at $85, this is just ridiculous.

I figured even if rmbs got hit like the rest of the market, it would take a couple more 100 point naz declines to get rmbs to $70......yet here we are on a relativley tame day.

Wonder what Tom thinks about this??? You out there Tom ?

Keith@thisjustsucks.com


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