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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (38387)10/14/2000 9:13:39 AM
From: Paullie  Read Replies (1) of 57584
 
Rande,

thanks for your market outlook!

I am perplexed about AMD action yesterday and would like to know what you think.

On such a good market day AMD traded almost 2 times its normal volume to end down for the day. This makes me think that at least one major institution was dumping. Now, the fact that it only dropped slightly tells me one of two things - either the good market was propping it up -or- there were other institutions stepping up to the plate.

With the good earnings/revenue/projections announced this week - I wonder if someone knows something that is not so good???

Thanks for any thoughts.

Paullie
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