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


To: jopawa who wrote (16006)2/19/1999 4:27:00 PM
From: Don Green  Read Replies (2) | Respond to of 93625
 
Hey, MS was looking pretty bad yesterday and options expiration today may have been factors?? BUT until people like Goldman Sachs and Mer Lyn, start joining the party I will always be a little concerned.

regards
Don



To: jopawa who wrote (16006)2/19/1999 4:31:00 PM
From: abuck95  Read Replies (2) | Respond to of 93625
 
Jopawa I wonder if Edelstone got some guidance, he called a top now he calls a bottom sure hope he is right.



To: jopawa who wrote (16006)2/19/1999 4:49:00 PM
From: Gary Wisdom  Read Replies (3) | Respond to of 93625
 
Ok, you've heard all the BS today. Here's the reality for my fellow Rambusers.

Everyone has FUD to say about today. That's ok. Let 'em.

Today was very positive for the following reasons:

1. We had a volume reversal. Extremely important. More so than anything else.

2. We closed over yesterday's highs. Very bullish. From a chart perspective, very, very important.

3. We closed AT the high of the day. Very bullish.

4. We formed a bullish engulfing pattern today on heavy volume. Very, very bullish.

Let the naysayers say what they want. Rambus showed it's strength today (finally). This was not SOES traders and not just short covering.

THIS WAS ALL OUT SMART BUYING.

So, do not let them spook you out Monday if it's down a little. That is not important.

What's important is the chart. And the chart is the only thing you should be concerned with.

Glad I held on. I don't see $100 anytime soon, but we marked the bottom yesterday.

I have spoken.