Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Mani1 who wrote (146891)	5/5/2002 11:57:08 PM
From: tejek	Read Replies (1) of 1576123

I think we'll bounce for the next couple of weeks going to expiration. Then another downturn that will take out September lows. Nothing the Naz does would surprise me at this point. From a TA perspective, the Naz is way oversold but that doesn't mean it has to rally........volumes have been low for several weeks now. And based on earnings this quarter, its very possible it could take out Sept lows. Again, it would not surprise me but it will freak out a lot of people. Then a very nice rally going toward the end of year. You can do much better than the general market by swing trading the volatile stock like EMLX, or buying the beaten down ones like WCOM and PRGN and selling them on the bounce. And you can make money buying and holding short term some DOW stocks. No matter what you do, do not listen to CNBC, that's what the herd listens to. On I never listen to their recommends, I just use CNBC to keep updated. ted

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