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


To: jmanvegas who wrote (17451)3/18/1999 7:07:00 PM
From: jmanvegas  Read Replies (3) | Respond to of 93625
 
One additional point to my previous message. It's obvious that the Dow should shatter the 10,000 mark (probably tomorrow) and could run several hundred points more before a much needed rest and correction takes place. I don't think, at this juncture, that RMBS would participate to the upside in any meaningful way if that happens. I believe there is money to be made by trading RMBS from the short side over the near term. I know the longs abhor the thought of shorting RMBS for a trade. But I think shorting RMBS, for a trade only, on strong up days if the market, and the techs, in particular, continue to rally from here, would make one some nice change. Again, good luck to all.

jmanvegas