Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (102703)	4/6/2000 8:18:00 PM
From: chic_hearne	Read Replies (1) of 1576255

Re: Tomorrow may be a key day for a possible reversal pattern. Or we could go up for another day or two... I use many indicators, some confirm others... To keep it simple...set your Bollinger Bands to 90,3. Once the price begins to penetrate the upper band some kind of correction is usually in the cards soon. Again, can be short term... Jim Jim and other chart guys, How do you factor in that AMd reports earnings in 4 trading days? How does a chart factor in all of the good news from the last few days, not to mention all of the upgrades we should see next week? What does the chart say about AMD being seriously undervalued at $10 billion with Y2K estimates compared to other techs? I'm not a chart guy at all, I think charts have become somewhat irrelevant in today trading. There's too much irrational stuff going on. CSCO, YHOO, and ORCL can earn pennies a quarter but still continue to get upgrades when they are already seriously overvalued. I still don't mind reading your chart analysis, I find it interesting, and helpful to a certain point (I like to know what others are thinking). chic

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