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


To: Al Serrao who wrote (14431)2/22/1999 10:45:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 34816
 
Hi AL

what a run huh??? not sure what to think though...



To: Al Serrao who wrote (14431)2/22/1999 12:58:00 PM
From: Dennis J.  Read Replies (1) | Respond to of 34816
 
RMBS. Hmmm. No real news from RMBS. Right? Lot's of new upgrades from the WS crowd, and subsequent client buying, and certainly some momentum traders. But where will the new buying come from in the near term? Long-term, most everyone loves RMBS, so any failed trades can (mentally) be switched to long-term holds.

I feel like being wary after a quick run of 25% or so.

BWDIK.

Dennis