VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (59906)	11/30/2003 10:37:35 AM
From: Dealer	Read Replies (2) of 65232

Hi RR! Yes I'm in EGHT.....watching closely.....it started converging Friday on the short term and day.....I stayed in over the weekend. Mid and long term still looks good.....If my Mid (week) converges I'm outta there but not until.......still testing my long term exits. Oh yes! I saw the gap......it will probably get filled giving another buying opportunity. Hopefully RMBS will gap up Monday. We shall see. In that one for a position trade. Will exit the same as with EGHT. It is hard to know what to do.....with everyone on vacation last week. Can you imagine being short RMBS and leaving for vacation on Wednesday.....and picking up the papers this weekend to catch up......Some folks just might be covering in the morning.......it should gap up pretty good. EGHT was down .07 AH and RMBS was up .67 AH Friday. Will see what Monday brings. Volume was heavy on both at close, not a good thang for EGHT but nice on RMBS. :-) dealer

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