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

To: Allen champ who wrote (18869)	4/19/1999 4:17:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Allen, I have just finished consulting the turnips on exactly the same question. They are perplexed. They claim a pretty high (25%) probability that this "Spring relapse" could evolve into a nasty bear with a target of 8400 on the Dow. If that does not happen, they expect very strong resistance to develop in the 9400-9600 area on the Dow (still a nasty 10% or more correction) and the Naz to the 2050 to 2150 area. How long? , right now it seems a short and furious period of about 4 to 7 weeks (till the end of June), but if it becomes a real Mama Bear (the current "signal is a break under 9400 on the Dow or so), who knows. Zeev