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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (102703)4/6/2000 8:50:00 PM
From: eplace   of 1576377
 
Jim, I don't use the Bollinger Bands, but I use something I believe is similar. It moved up to that point at 74 1/2 today and that is why in an earlier post I said I almost sold my April 60's this morning. The thing with this gauge that I use, I have seen numerous stocks come up to this line and hug it to much higher levels (possibly spiking temporarily above this line if earnings are terrific). This line is accelerating to the upside so that now three or four point moves can be accommodated. Usually in a strong moving stock like this, I like to see a spike well above that line, before I consider it extremely overbought. That's just my .02 anyway.

Thanks for sharing your opinions. I'm pulling for some more BAM BAM soon.

Ed P.
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