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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Stress who wrote (3433)11/3/2000 1:36:30 PM
From: Jerry Olson  Read Replies (2) | Respond to of 8925
 
Mr Stress

actually you could short RMBS here with a buy stop just above the hod...say 66 3/4....excellent risk reward trade..since the ADX on the 15 is almost 60, and on the 5 min chart it's 75!!!!!!!!!!!!!!!!!!!!!!



To: Mr. Stress who wrote (3433)11/3/2000 1:38:54 PM
From: Al Serrao  Respond to of 8925
 
Mr. Stress, when RMBS makes a move it can go for three days on a breakout usually on important news. I don't think this can qualify since it has not built a base. This looks more like the usual manipulation that goes with this stock. Maybe now it will fill that gap O. J. was talking about. Best regards.


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