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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (88981)	1/9/2004 3:00:44 PM
From: Henry J Costanzo	Read Replies (1) of 209892

In defense of my AMD......(another woman I love....g) 1. Has broken above two ST DT lines from the Dec high 2. Unbroken uptrend....higher highs, higher lows...since Dec low - with gradually rising volume. 3. Has moved above 20-day SMA, which turned yesterday and now moving up. 4. Now meeting resistance at the 50-day SMA, as well as from Dec 5-9 action and Dec 15 high. As to any iv wave.......I'm a faithful follower of Frost/Prechter.....individual stocks are not subject to EW analysis.....g

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