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

To: MulhollandDrive who wrote (15084)2/4/1999 5:53:00 PM
From: MileHigh  Respond to of 93625
 
bp,

Agreed totally, IMO the NAZ will bounce around and should not set any new highs soon. And if a new high is set, it will not be a breakaway type high, it will be a new high that tests the old high and is only a few points or so higher than the old.

Thus, the risk/reward is getting weak. But like you, WTHDIK! I do know that I should not have covered my calls on yesterday 8-<

MileHigh



To: MulhollandDrive who wrote (15084)2/4/1999 10:17:00 PM
From: Boplicity  Respond to of 93625
 
<<I just don't think the market will rebound sharply from the current levels>>

You are correct! I for one am happy this is happening. I hope the market drags for a week or two. We just a three month run that I have rarely seen. I sure the market will be high this time next year. Just too much positive things going on. That said, I'm sure I'm going to be able to buy RMBS in the 60s. Watch Friday be another down day, and Monday a shake out.

Greg


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