Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (121524)	8/2/2000 4:09:18 PM
From: tejek	Read Replies (3) of 1575420

The most bullish signal would be if I didn't get filled, that would mean a bottom is in <g>. Can't tell you how many times that has happened, I've given up a lot of profits because I was too cheap to pay an extra 1/2 point on the buy. John, Actually today may have been what they call a capitulation...when the stock sells off on heavy volume...volume today was 9+ million..normal is 4+ million. A stock's capitulation usually occurs after a stock has gone thru a period where it keeps going down on no news. Investors naturally get freaked and the weak ones(due to margin calls) jump out. I am hoping that we had that today. If so, then AMD will begin the slooooow process of putting in a bottom. Heavy volume can signal a top or a bottom. ted

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