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

To: MileHigh who wrote (13655)1/15/1999 12:42:00 PM
From: DownSouth  Read Replies (2) | Respond to of 93625
 
Volume is real light just now and we have fallen through the 87 barrier. We may shake out the 90ish traders right here. I would like to see that happen so that we can charge through a good close at 90. (I find this really interesting.)



To: MileHigh who wrote (13655)1/15/1999 4:27:00 PM
From: Alan Hume  Respond to of 93625
 
Hi Mile,

"I might unload them all, thus creating selling pressure...."

Nah, since the stock left the seventies in November, we have had 5 trading days only when the volume just squeezed above a million.
So nobody bought any serious in the $90's to be able to sell when we get back there.

I guess a lot of todays volume was daytraders, who scored and passed theier stocks on to LT investors

Maybe wrong, but thats my take on it

Alan


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