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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 208.70+0.5%1:55 PM EST

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To: DRBES who wrote (1931)11/4/1997 11:34:00 AM
From: Richard Wang  Read Replies (3) of 6843
 
>>Or maybe it is a dead cat bounce.

Conventional TA wisdom calls for a retest of recent lows. This retest would include Dow, INTC, AMD, and just about all the stocks that had recent precipitous drops.

For AMD, the recent low probably will hold. For INTC, the recent low may not hold, and the next test is around 65.

Richard
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