Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (121634)	8/3/2000 9:44:45 AM
From: Rob S.	Read Replies (2) of 1576160

What has changed is not a marginal change in business but the mood of the market. Techs should se a rebound soon, AMD may start to rebound today. I'll be watching the level II screen and intra-day charts closely to see if we get a reversal. The fear and panic level should reach a point where the wolves will smell the blood in the streets pretty soon. Then you will see the carcasses picked clean. Too bad I closed out some shorts on techs a few days ago and missed much of the drop. Unfortunately, I went long too early . . . ouch! My guess is that the techs reverse the downtrend by tomorrow. This is healthy for the market - weeds out some of the investors with no regard for the downside risk.

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