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Politics : Formerly About Advanced Micro Devices
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To: kash johal who wrote (113022)5/26/2000 5:03:00 PM
From: Jim McMannis  Read Replies (1) of 1572377
 
Kash,
RE:"I can still see a 50 point raise, but as long as its the LAST move up, will cause the market to rally big time."

Typically the markets start to turn up about 4-6 weeks before the last hike. I can't be sure of course but I think we'll see at least 2 more hikes. .5% in June and .25-.5% in August. If the last one is in June, we should be buying right now. With T-bird and Duron, you should definitely be buying AMD right now.

Also, if you look at '94, the markets tank pretty quickly after hike fever hits and basically retests that low while the rest of the hikes occur.
What I do is use TA to tell me when the last hike is in.

Jim
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