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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (114640)6/6/2000 3:18:00 PM
From: chic_hearne  Read Replies (1) of 1572201
 
Re: Semis showing some late day weakness. AMD holding up better than most

Jim,

More than just semis weakening. It looks like we just got a head fake that the market was going down fast. The end of the day scares me on days like this. Personally, I'd rather have AMD up a fraction while the stocks (not companies) that lack fundamentals such as CSCO, ORCL, SUNW, etc all stay down. I think the worst thing for the markets now would be for the Naz to get back over 4000. We need to hover at this range for a while, or else I believe we'll crash again after a big rally if it comes too quick.

chic

PS- There's nothing worse than trading up $2-3 all day only to go negative 40 minutes before the close. RTQ- 91 1/4, -1/4 :-(
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