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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.87-0.1%3:59 PM EST

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To: kapkan4u who wrote (85436)7/20/2002 1:49:45 PM
From: Mani1Read Replies (3) of 275872
 
This market is seriously strange. Every time you feel that the capitulation is happening, you get a bogus rally. The latest one was last Monday. I am not big on conspiracy, but what caused that monster rally on Monday? There was no news, no nothing, and Dow rallied 400 points in one hour! That just meant the water torture would continue.

The problem is now everyone and their mother is talking about capitulation which means it won't happen. The market will hit bottom when all the people waiting for capitulation, capitulate themselves :). Maybe we can get a "black monday" and dow 7200 on Monday.

Mani
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