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

To: andreas_wonisch who wrote (7132)	8/31/2000 1:23:41 PM
From: chic_hearne	Respond to of 275872

Re: Yes, things are looking good now right now. Volume has somewhat picked up (but is still light) and AMD is more up than the market. If we can close about the 50 DMA (right now at $36) this would be a strong buy signal. After the consolidation phase at $34-35 this looks like a break-out -- let's just hope $36 will hold until the close. andreas, That's what I'm banking on. I went in big on Monday as I thought we could finally get above $35, but I was a few days early. No big deal as long as this can hold. I wouldn't make too much of the volume. It's the end of the summer and a lot of people are away. Hopefully things will pick up in September. It's a very difficult situation: If the Central European Bank hiked a half point today it could have been too much for the relatively fragile economy boom at the moment Frankly, I think they are a bunch of cowards for not raising a half point today. The Euro is not going to just save itself. Tough decisions have to be made, this is one they will regret. chic