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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (4342)	8/10/2000 4:43:24 PM
From: Monty Lenard	Read Replies (3) \| Respond to of 275872

Mercy Brooke, I sure hope you are not long. I tried to catch it twice on support and could not make any money. It "MAY" temporarily hold the 200 and bounce but my experience is that once they are weak enough to hit the 200 they bounce but then end up going below the 200. I still think this stock will fill that gap in the 40's. I am not short at the moment because I have a rule that I don't stay short them when they are approaching the 200 from the top and I don't buy them when they are coming at it from below. Now since we both know TA is meaningless I guess I will have to confess and tell you that I learned the "black arts" from an expert. :-)) One thing for sure it is got sold today. Monty