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


To: eplace who wrote (102700)4/6/2000 8:11:00 PM
From: Jim McMannis  Read Replies (3) | Respond to of 1575616
 
RE"Jim, I downloaded information earlier, and I don't see that at all. Of course chart interpretation is pretty esoteric stuff. The trendline that I have drawn up from about 7 days back suggests we could possibly get back to the upper 60's, but I don't see anything to suggest that will happen. Of course a bad market day could change everything, but I wouldn't want to see that trendline violated at this time.
What do you see that I don't?"

Tomorrow may be a key day for a possible reversal pattern.
Or we could go up for another day or two...
I use many indicators, some confirm others...
To keep it simple...set your Bollinger Bands to 90,3.
Once the price begins to penetrate the upper band some kind of correction is usually in the cards soon. Again, can be short term...The correction usually happens within 3 days begging confirmation.
I really wish I hadn't said anything...as the longer term prospects look very good.
Jim