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


To: Jdaasoc who wrote (7066)11/1/2000 5:31:12 PM
From: Bilow  Respond to of 30051
 
Hi Jdaasoc; Re "You must be way short RMBS by your attitude."

Sometimes I wonder how you can sit there and insult me and not expect me to have an attitude. Just to remind you, this thread missed the bottom on RMBS yesterday completely, where are all the super traders? By contrast, I called the bottom perfectly:

Bilow 9:47 AM:
I have to suspect that buying now, at $40 per share, is a great idea for a day trade. So bussers! Load up those pickup trucks! Buy some shares now!!!

No, I'm not being sarcastic, this is not a joke post. Stocks that tumble on open very frequently turn around at about 20 to 40 minutes after market open. [i.e. 9:50 to 10:10am] It is time to buy RMBS for the DCB.
#reply-14693607

Bilow 10:13 AM:
But it should be good for a DCB between now and noon. #reply-14693863

Meanwhile Zeev cancelled his GTC buy, and only one other guy on this thread admitted to buying the stuff:

Zeev Hed 8:48 AM:
I just checked the premarket on RMBS and I see that it is currently under my outrageous GTC at $51-7/8. So, I decided to take this GTC off the table , no sense getting in front of a freight train.
...
I was watching this one drop all the way to the $40 to $41 range or so, freight train or not I picked up the phone and reached my friendly broker, he got me onto the bus few minutes ago at $42 flat.
#reply-14693102

gancho 9:46AM:
got a sell order in at 40.75 on rmbs#reply-14693599

gancho 1:47 PM:
zeev I am kicking myself in the butt for selling out of rmbs this am at 40.75. #reply-14695944

-- Carl

P.S. It is quite possible that you have forgotten the many insulting posts you have sent my way, and so you feel a bit holier than thou. Want me to dig up some links for you?