Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerry Olson who wrote (3436)	11/3/2000 1:38:05 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 8925

SHORT RMBS at 64 11/16ths...stop 66 3/4 see it;s easy...

To: Jerry Olson who wrote (3436)	11/3/2000 1:46:25 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 8925

I'd prefer to see a test of top but often strong moves like this hardly even go sideways much. I admit the lure of shorting these can be powerful. Big moves in either direction sure make it tempting to want to "tame that stock" "beat it into submission" etc. On the 5 minute its setting up a little bull flag, wouldn't surprise me one bit if it moves up and makes a new marginal high very soon... then perhaps worth watching for a fall back. But on the daily its trending up, and there's no major test of top happening right here, so why fight it! Now at 70.. ;)