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

To: Boplicity who wrote (2538)	11/29/1997 11:08:00 PM
From: h.l. meeks	Read Replies (1) \| Respond to of 93625

Gregory: You noticed it too? Ha! I bought back my position in RMBS on Friday. There isn't a good word to be found on the thread about RMBS---about time for it to go UP! The majority is always wrong; that's what markets are about. It seems that alot of posters here and elsewhere need the soothing words of a like-minded comrade just to sleep at night. The louder the protestations about relative valuation, market cap, and PE---the more I know it's time for those folks to lose some money. I sometimes daydream of a trading system---that just fades the SI threads. If they're bullish--then short them. And vice versa. A tad simplistic, I know, but I'd bet it would beat the return of the S&P! I have other reasons for being long RMBS, but after looking at the technicals and putting on the trade, I love to see that hardly anybody agrees with me in print.