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

To: RetiredNow who wrote (2616)	12/9/1997 9:57:00 PM
From: Jon Tara	Respond to of 93625

David, you don't know Chip very well. He doesn't discuss his TA methods, and won't comment on yours, either. Chip won't comment on whether he uses RS, Bollinger Bands, or simply on the basis of how many times Grodin said "OJ" last night. It's all very hush-hush and proprietary. He is only interested in making predictions which he says he doesn't have to justify or explain, and then take retroactive credit for closing out his position as the most favorable price possible, while saying that he doesn't need to prove that he actually did so. All true, but not if he wants us to beleive him. :)

To: RetiredNow who wrote (2616)	12/9/1997 10:51:00 PM
From: CHIP HUNTER	Read Replies (2) \| Respond to of 93625

David I really can't understand looking at the chart why another person would say we're going down 10 points in the next 1-2 weeks... Im not sure if Jon is saying this because he is mad at me because I said CREAF topped out at 28 3/8 and it fell to under 20 in less than 2 weeks or if he actually believes RMBS looks weak!! Looking at the charts I don't see how he could come to these conclusions..David like I said earlier the volume was weak and I think today was an excuse to get the weak bulls out before we head up sharply. When I bought yesterday at the close I did not expect it to pull back this far,but shakeouts can occur which i think this was.... But as far as the TA is concerned no real damage has been done..David watch and see if it doesn't turn around tomm, I think we have a very good chance!!