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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Cory Gault who wrote (83685)	12/20/1999 3:44:00 PM
From: tejek	Respond to of 1572599

RE <<<Interesting take. I think you are seeing what you want to see....Intel has a strong week and we should not read too much into it. AMD has been weak of late and it is consolidating it's run up. Sorry, can't go with you there.>>> CG, not at all....I derive living income from my trading and can't afford to have biases get in my way. AMD has been range trading for a couple of weeks now between 28 and 32 with below normal volume. Pretty normal stuff for a stock that gained 50% in a short period of time. If you look at the ups and downs of the range, it is still with an upward bias but not as strongly as the prior movement. AMD will resume that strong upward move as we get closer to earnings. INTC has also been ranging but with a downward bias (lower lows and lower highs in the range). It almost broke that cycle last week but needed one more day. However it does not look like it will happen today. Its beginning to look like INTC will need some sort of upside surprise at earnings to break the current cycle. BTW I look at daily charts. ted