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RMBS : A ice cold beer to go with fried shorts Rate this Topic:
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sultans
Posted : Friday, April 7, 2006 6:23:34 PM
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Joined: 3/30/2006
Posts: 5
ummm im totally short @ 40
BigBlock
Posted : Saturday, April 8, 2006 8:36:50 PM
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Joined: 10/7/2004
Posts: 2,126
Sultan stop the beer and keep focus. It is better to jump off late than very very late or not at all.
Not sure what moved you to short this one, but it may have substancial upside left. Semiconductor -Memory chips sector shows strenght. I know my system has been bringing up lots of stock in this sector to play on the long side.
good luck.
rmr1976
Posted : Saturday, April 8, 2006 9:37:27 PM
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Joined: 12/19/2004
Posts: 457
I'd have to agree with BigBlock here. A lot of semiconductors look washed out from a short sellers POV.

I'm actually long AMAT, and near term bullish on AMD.
Inspector62
Posted : Monday, April 10, 2006 11:53:05 AM
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Joined: 3/7/2006
Posts: 244
I'm curious too. What did you see to make you short RMBS? If anything, looks like a decent long possiblity.

As far as AMAT and AMD, I shorted both on Friday. That's interesting how you see a long and I see a short. For at least today, it looks like the shorts win.
Inspector62
Posted : Monday, April 10, 2006 12:30:06 PM
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Joined: 3/7/2006
Posts: 244
Correction, I shorted AMAT Friday and AMD today
sultans
Posted : Wednesday, May 10, 2006 9:45:52 PM
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Joined: 3/30/2006
Posts: 5
Thank you

-BigBlock
-rmr1976
-Inspector62

for your perceptive comments concerning RMBS


"What did you see to make you short RMBS"

Samuel Adams Utopias 2005
:)
Great SHORT !!!




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