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


To: Monty Lenard who wrote (10246)9/26/2000 8:15:21 AM
From: maceng2Read Replies (1) | Respond to of 275872
 
Hi Monty,

This is my "Technical Analysis" on AMD.

1998... Nov 1999 AMD on the ropes. Reached a psychological "low" when the K62 problems hit the fan. Good idea not to catch the "falling knife" (whatever that means -g-) before then.

Nov 1999... Jul 2000 AMD had fixed all the problems. It's been on an "UP" all the way.

Jul 2000 till NOW. A whole bunch of scalpers and shorts have been dinging with this stock playing on market fears. Nothing to do with AMD as it's doing a real good business.

PROJECTION
Next earnings and beyond.... AMD shorts get blown out the water. <BG> Monty goes long on AMD based on "analysis" -g-.

best wishes,

Hey! maybe I'll learn some real TA in the process!

pearly.