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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Dennis J. who wrote (13074)1/26/1999 11:09:00 AM
From: Al Serrao  Read Replies (1) | Respond to of 34811
 
Dennis, what system are you using that triggered a buy on RMBS this morning? P&F would not be on a buy until 92. Many thanks.



To: Dennis J. who wrote (13074)1/26/1999 11:48:00 AM
From: Judy  Read Replies (1) | Respond to of 34811
 
Hi dennis,

I posted on the Idea Thread that RMBS should form base at about 87ish for awhile, I'd expect the stock to move up as we approach Feb expiry. But the rise may not be sustainable until news develops, either with respect to earnings or new products using the RMBS technology.