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Politics : Formerly About Advanced Micro Devices
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To: Jack L. Dlugach who wrote (904)7/23/1996 12:53:00 AM
From: charles moore   of 1583952
 
Jack:
"Generic" was the word I was looking for.This word probably
explains more than any other why AMD has no following to speak of.

Just downloaded my charts and again AMD is still showing
light selling distribution and no "net" buying on all three
fronts.I am now following 32 stocks.There are only 5 out of the 32
that show buying in both the Moneystream and Balance of Power(BOP)
1.Ampex (AXC) This stock was below 7 today but still closed at
7 1/4 today. I t is supposed to be counting on something call a
"keepering" technology for Hard drives and Storage devices etc.
2.Noram Energy ( NAE) A Natural gas distributor that closed at
11 today and was at 7 most of last year.Clintons Chief of Staff
MC Curry was CEO and ever since he left last year things have really
been approving.
3.IDT Corp (IDTC) the Netphone2 we talked about. It was an IPO
earlier this year at 10. It has been as high as 15 but closed today
at 11 3/4 with this market.
4. American Safety Razor ( RAZR) A real conservative one that closed
at 10 1/2 yesterday and 10 7/8 today.
5.Crown Reality (CWN) An REIT that was about 7 1/2 last week and
closed at 8 3/8 today and pays almost 10% in dividends.

All of the above are either up or have lost very little
ground even with the recent market.I am going to watch AMD and if one
of my other holdings looks to be in a selling mode than I will sell
and buy more AMD at this point. So I hope the two come together. If
not AMD then I hope something else. This is going to be my paln for
now unless the chart thing gives me false signals which tells me I
cant rely on them.
Charles
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