SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: JHP who wrote (102252)5/15/2001 11:29:40 AM
From: IceShark  Read Replies (1) | Respond to of 436258
 
Even more than 1000% when you combine it with one of his other darlings. I tried telling him how bogus max pain option biz could also be. Rambo's max pain for this month is 17.5. Granted, there are only millions at stake as we move off that, but what do you think the odds are that we will close friday at 17 bucks. -g-



To: JHP who wrote (102252)5/15/2001 12:35:17 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
Most of the time yes.
Hoever on many boards I issued warnings that if RMBS breached 33 it would immediately fall in half. That in fact did happen and I warned many people to get out if it did. So I think that was a great call. I have not been long RMBS since 65 either. Finally I did a post the other day on the MF RMBS board that said if the market went up RMBS would underperform the rest of the garbage but if the market was going down then it would go down right with it. This was a week or so ago when I suggested selling at 15, and I repeated the statement at 13. Since there is a cloud overhead, RMBS will underperform the market IMHO, and I recommended selling.

I actually hope the silly thing does fall to 5. Once again I just doubt it. Of course I doubted it would break 33. So all together I do not know if this makes me 1000% wrong or not.

M