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Back in Feb, regarding my sale of Rambus and my comment that I was happy with my gains, Patchdodd wrote:

It hit $38 this morning. You have a weird way of measuring "happy".

And it hit $20 at the close today. This isn't an "I told you so" as much as it is a "have reasons to buy or sell and stick with them." I'm not smart enough to time the market or know when investors are going to get overly enthusiastic or overly pessimistic.

With Rambus trading back in the low-$20 range, and maybe even lower, it might be attractive again. I haven't kept up with the news, so I don't know if the story is still the same. It's broken down pretty significantly from a technical standpoint and despite exceptional earnings, the market seems to want to head south.

I'll be keeping some powder dry in case the market decides to take a hard and fast bender to the downside. I think we're in a bull market, with no danger to that based on solid earnings, but Dow 9000 wouldn't stun me.

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