Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 247.99

-4.2%

3:59 PM EST

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To: Monty Lenard who wrote (4357)	8/10/2000 4:54:27 PM
From: Jim McMannis	Read Replies (1) of 275872

Monty, Rather interesting that the 200 day SMA (We are below the 200 day EMA) is at 56.08 and a 50% retracement is right about 56 1/2...In other words AMD has arrived at an important line of defense. To correct to the level where the NASDAQ corrected to earlier in the year (17% under the 200 day EMA) it would have to get to 50 1/2. If it goes below that then something is very wrong. Jim

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