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

To: unclewest who wrote (10047)	11/21/1998 11:16:00 AM
From: MileHigh	Respond to of 93625

uncle, Just watch it like a hawk, and when it goes from 70-81 in 2 days, you know you are in point scalping range. Also, when there is no volume, it usually drifts lower throughout the day. For instance, the charts still look like we are about to fall off a cliff and close the recent gap. Watch the open on Monday, if RMBS volume is weak and the NAZ futures are down, you can get a point or two on the down side, IMHO. Sell an in the money call and buy it back after the pullback, it is usually worth a point or two. Depending on the number of shares you have, it could be worth a few nickels- enough to buy a bottle of scotch instead of beer. <gg> Keep watching it...it will become instinctual. MileHigh