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Politics : Formerly About Advanced Micro Devices

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To: jcholewa who wrote (121091)7/27/2000 4:21:03 PM
From: Jim McMannis  Read Replies (1) of 1573221
 
JC,

I know you've been reading this board for a long time. Glad to see you post. I think your website is great. You must spend a lot of time on it.

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All... some interesting fibbonacci retracement levels approaching...66 is a 38% retracement of the whole move (17-95) in AMD and also the 5/25/00 bottom of this "tombstome formation" 4th wave. After that is 56 for a 50% retracement.
if 66 is broken.

Seems as if the Nokia annoucement had a real drag on AMD and the semis today.

The time for a "summer rally" has come and gone.

Oil hasn't died.

Rate hikes are stil a strong possibility.

What to do? Needless to say, options can be hazardous to your wealth. Buy the some stock out right, now and more between 56 and 66 if it gets there...

Jim
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