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To: jttmab who wrote (92771)1/30/1999 6:35:00 PM
From: jttmab  Respond to of 176387
 
OT - RMBS,

I've generated more respect for the owls on this thread than anywhere else and I've seen RMBS mentioned from time to time so I thought I might ask here.

RMBS, best I can tell, still seems to hold a strong position for the next gen memory and I've been watching RMBS for a possible entry point. Tentatively, the thought is; I expect it to hit at least 65 on the bottom end and if bounces up 5-6 points after that on some increasing volume, it seems like a buy. Or to put it more generally, 10% above the bottom; where the bottom support is seen on substantially decreasing volume. Any other thoughts?

Regards,
Jim