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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 249.66+7.6%3:59 PM EST

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To: Monty Lenard who wrote (10819)9/29/2000 6:22:34 PM
From: andreas_wonischRead Replies (1) of 275872
 
Monty, Re: the top of a gap like that is VERY STRONG support.

Why? Do you have an explanation for that? One would think that if everyone believes that the gap will be filled eventually no one would buy at the top of the gap but instead at the bottom. The same goes for a downgap (everyone buys at the bottom because they expect the stock to fill it).

Andreas
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