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


To: KM who wrote (15697)2/17/1999 8:29:00 PM
From: Boplicity  Read Replies (1) | Respond to of 93625
 
I have to agree with you. Looks (without looking at a chart just reading da tape) that RMBS will go lower, it's market driven, and the DELL feed market wide sell off looks to be just beginning. The above is way I normally take an initial position then add as I see the trend developing since who's to say what will happen after you buy in. I of course prefer to add as a stock is coming off a gain, strange as it might seem. I do not like to add as a stock goes down, since I feel it's throwing good money after bad. But in RMBS case, I feel comfortable in it's prospects so I might violate my rules. But then again after reading that news about adequate supplies not appearing till the second half of next year, our little stock could sit for a years time..... Well I have enough wessel words in the above to be protected....<gg> Now do grown men really giggle or is just us internet geeks..



Greg



To: KM who wrote (15697)2/17/1999 11:25:00 PM
From: MileHigh  Read Replies (1) | Respond to of 93625
 
Truff,

Negative stick on strong volume, 150 day MA was providing support and we just busted below it, 200 day is sitting around 64-65-- we test that tomorrow.

Nison's candlesticks tells us that the bottom of the first two NOV double white stick break outs should provide support, this sits around 67'sh (todays support). If that does not hold, support might be found around the reversal white stick a few days before, between 60-65.

Good Luck!

MileHigh

Remember, everything is just peachy <gg>