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Politics : Formerly About Advanced Micro Devices

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To: andreas_wonisch who wrote (123541)9/6/2000 4:24:58 PM
From: Jim McMannis  Read Replies (2) of 1571937
 
RE:"And that's exactly where Max Pain for September is currently... I think AMD will test the 200 DMA (at $30) again. If it doesn't hold, look out below. If it does we will be in a relatively tight trading range between 200 and 50 DMA. I just hope we can break trough the latter again... But at the moment the chart looks very ugly IMO -- we are again in the old downtrend range."

I'm sorry but I just can't see earnings being anything but stellar...from AMD and Intel...
These Kramers on Wall Street just came back from their vacations in the Hamptons. When they saw the NASDAQ had made a nice run they just HAD to trash the market in order to get their select clients and companies a better deal...
and they made a nice profit to boot...

Jim
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