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


To: Joe NYC who wrote (111119)5/16/2000 2:01:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 1578034
 
Jozef,
Different types of TA have different rules. AMD is currently on a sell signal with P&F (that chart that I put up). That doesn't mean that you should go out and sell your position and with the strength that AMD has had in the past few weeks, I would guess that it would be one of the first stocks to really recover. Looking at other indicators, there is reason to believe that there may be a little more downside in AMD (MACD hasn't bottomed yet). So where it may be true that I would miss the 5pt move up to $90, I might also miss the 5pt move down to the next support at $77 (which would be where I would look to buy).

BTW: have you ever heard of grubbing? I knew that I had a good message number (#111111)<g>