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

To: Voltaire who wrote (8853)	10/20/2000 8:42:15 AM
From: im a survivor	Read Replies (1) \| Respond to of 65232

<<Rmbs - $200 before Jan.>> You may have already done so, and if so I apologize as I am just now catching up on posts since close of market yesterday, but....do you have any thoughts on the comments by INTC yesterday concerning rmbs. I'm also not so sure we are in clear waters yet....my gut tells me this is till a very scared market and we will get selling into the rally's.......my guess is we see selling at the close today. Luckily, my guesses have been off this year<ggg>, so hopefully I am wrong again and we continue this rally. Still very concerned about RMBS....like every story, this one has two sides, and I have no idea which to believe. I really think the intc comments were shocking....I am perplexed that rmbs didnt tank after those words, and in fact wen't up a nice chunk. Could it be that folks are digesting this news and will be selling over the near short term? It just boggles my mind that INTC said the things that they did, while being tied to rmbs for 2 1/2 more years......I just dont know what to make of this. Any thoughts? Thanks keith@thisshouldbeaninterestingday.com