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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (38859)1/29/2003 2:00:55 PM
From: Logain Ablar  Read Replies (1) | Respond to of 71173
 
RMBS news gives it instant creditability. from memory (its been a while since i followed thisone closely) it had royalty agreements which were "suspended" (smamsung & others) when it lost the ifx trial this should reinstate the licenses and also give an instant legal refund (they had to pay ifx court costs).

I think 10 area is new support with a chance of a pull back below it (but not for long). even in the shi**y market i expect (we are on a bounce) over the next 2 months this should do ok (80% of stock risk is market / sector risk).