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


To: im a survivor who wrote (33632)3/15/2001 11:13:49 AM
From: Venkie  Read Replies (1) | Respond to of 65232
 
I am sorry that Rmbs is seeing hard times. It's happen to me and I know how you feel.



To: im a survivor who wrote (33632)3/15/2001 11:33:51 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
keith...i stay with a stock until something changes fundamentally or technically....rmbs as i stated was a high risk attractive as it was forming a wide base since december...i had 70 strike puts, which basically were so deep they moved point for point...i risked holding as long as it didn't violate what i determined to be the bottom support channel...today it lost its technical reason to hold...still potential on fundamental hold....but it probably is going lower on technicals alone...new low on higher then average volume...

what to buy....as i have been posting, look at days like today to see what advances with fair volume, and on down days see if they pullback on lighter volume...avoid that which sets new lows, until a floor has been established and tested.....in the semis i like atml,crus,intc,xlnx...until they violate technicals or fundamentals..