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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 199.88-4.4%11:14 AM EST

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To: dougSF30 who wrote (14895)10/19/2000 7:20:21 AM
From: Neil BoothRead Replies (1) of 275872
 
What we know is that Monty was correct (it turns out this time) when he forecast the stock would reach 18.

No he wasn't, it went to 16 3/16.

Here's my technical analysis: from the 153 day moving average and the moon phase and the latest sunspot patterns, I think AMD will go to 24 soon.

When it gets to 24 can I get applause too?

Face it, there's so many ways to read what these "technical" analysts predict. They have the choice of intra-day prices, closing prices, after-hours prices, prices that only traded with high volume, top of gaps, bottom of gaps, middle of gaps, 250 day moving average, 90 day moving average, 241.635 day moving average, etc. etc. etc. to make almost whatever they say seem correct when the "event" happens.

JMHO.

Neil.
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