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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Joe Smith who wrote (35751)9/21/2000 5:52:43 PM
From: Smart_Money  Respond to of 57584
 
Yes, lot of people are Margin INTC, "everyone knows them and they are a bell weather" By wednesday the market should go up after the sells.



To: Joe Smith who wrote (35751)9/21/2000 6:05:03 PM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
I don't see any of the telltale Margin Liquidation signs this week. . . . and the good news is that we got our catalyst for capitulation! There are certainly many investors selling into this weakness who never thought they would. Which incidentally, is why I just keep buying! AMD is now at $23 . . down over 6 points or 20%!

WARNING: Unsubstantiated speculative conjecture follows:
And the way that Intel and AMD compete in the race for the most powerful processor, it would not surprise me to see a morning announcement by AMD saying that they will be beating THEIR earnings expectations. Talk about salt in the wound! Just a little motivation and CFOs can become quite creative.

Anyway. . .

Another Blue Chip bites the dust!

Rande Is