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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: r.edwards who wrote (73346)5/21/2001 12:35:19 PM
From: GVTucker  Read Replies (1) | Respond to of 93625
 
Not necessarily a bad trading strategy, but I would think that you could do a little better on that type of strategy with a few other companies close to RMBS, such as INTC or CPQ.

I really don't trade and don't use stops, though, so you're talking about a different ball game than the one I play.



To: r.edwards who wrote (73346)5/21/2001 12:47:58 PM
From: Sun Tzu  Read Replies (1) | Respond to of 93625
 
I think the up move today is due to some short covering and general positive market. Since some time in January, RMBS has only had one run of 3 up-days in a row. If tomorrow is also an up day, then it may signal some short term change.

good luck,
ST