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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST

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To: DRBES who wrote (155321)4/8/2005 8:35:09 AM
From: RobohogsRead Replies (1) of 275872
 
This is actually important as the 50 day moving average is currently at 16.65 and still above the 200 day although in downward trend. If AMD can recapture the 50 day, that would be awesome. I had one stock break above 50-day earlier this week and now challenging 200-day. I have a few others also challenging their averages. Market is either going to shoot higher or break down hard in here. Most experts are looking for the breakdown, but I am not so sure. Should be interesting. Good news from AMD next week would help of course.

Jon
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