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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (124841)9/26/2000 5:14:12 PM
From: Rob S.  Read Replies (1) of 1574683
 
Lately I'm the only one who's been posting much to the MU thread. I bot yesterday and it went up a bit today. The techs should rally by early next week. We are seeing a lot of selling and buying of stocks due to window dressing. The momentum players are frustrated as hell (except those who have been short). And the little guy has been net selling. But I think a lot of the recent selling pressure is coming from window dressing. Dogs like the semi stocks are being cleared from portfolios. It is a good time to pick them up for a trend trade into next week or a long-term hold. We probably will see lower levels at some point before this winter but a minor rally should hit next week.

AMD probably will test near the recent low of 23. AMD look good long term if they report expected earnings.
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