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


To: Ibexx who wrote (3131)2/21/1998 12:43:00 AM
From: james h. snyder  Read Replies (1) | Respond to of 93625
 
when the bombs fall, will the mkt shudder and plunge down for a bit...2 hours, 2 days...?????
i'm setting some bottom hooks just in case there is a quick drop in the mkt due to war news.
comments everyone?
j



To: Ibexx who wrote (3131)2/21/1998 1:43:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 93625
 
I could not disagree more. Technical analysis is a very usefull tool and says volumes on a stocks trading trends. Even a 5minute chart shows you a trend. They certaintly guide you when making decisions when to enter and exit a position. I have made serious mistakes in the past when I have not consulted the charts. It is usually wise to know the fundamental reasons a stock is moving.

Technical analysis is extremely helpfull in a stock like Rambus...because it gives you sober indications when fundamental exuberance is flying high the the stock is trading beyond reason.

Here is such a site that shows analysis, but states they don't have an opinion because the stock is new to them. And can't make recommendations. But they have enough data to call it neutral

suretrade.stkwtch.com

Jeff