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


To: Mani1 who wrote (112386)5/24/2000 12:23:00 PM
From: niceguy767  Respond to of 1583344
 
Mani:

One year chart shows strong support at $70...Great buy, imho...AMD is waaaaay oversold at this level...Most of the stock turned over in this range in the past 3 months? I'm looking for a fairly significant bounce from here!



To: Mani1 who wrote (112386)5/24/2000 12:33:00 PM
From: niceguy767  Read Replies (1) | Respond to of 1583344
 
Mani: Looks like a good buy to me, although AMD seems bent on testing $70...By the way, I'm heading out to lunch now...Hopefully AMD rebound will have begun by the time I return around 2:00...(currently $70-1/4 at 12:30 on 3.73 million shares)...An additional 3 million shares this afternoon should have a positive effect!



To: Mani1 who wrote (112386)5/24/2000 12:58:00 PM
From: Mani1  Respond to of 1583344
 
Well, it hit my stop loss order at 69 15/16 :(

It is gone again. What now?

This market is just dripping, margin call should continue to roll. Maybe we get some relief from the numbers tomorrow. Maybe not.

Mani



To: Mani1 who wrote (112386)5/24/2000 1:09:00 PM
From: tejek  Read Replies (1) | Respond to of 1583344
 
Just bought back in at 70 5/8

What does the chart say, anyone?


Mani,

The chart is in big trouble.....for the first time in nearly a year, AMD has broken its uptrend line. And because its rise was so fast, it doesn't have a lot of support until the 30's.

ted



To: Mani1 who wrote (112386)5/24/2000 1:50:00 PM
From: niceguy767  Respond to of 1583344
 
Mani:

Glad I got back early...Just picked up 50 more June 70's while AMD was at $68...Can't pick up bargains like this every day!