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

To: TimF who wrote (11188)	10/2/2000 7:43:51 PM
From: andreas_wonisch	Respond to of 275872

Tim, Re: support at $23 I noticed that $23 is the lower border of the current downward trading range: investtech.com (yes, I know, it's Computer generated but I like it because of that, it isn't influenced by hopes or emotions) If the stock would fall below it in the next few days this would mark an even steeper downward trend. Since earnings are next week and the stock is oversold I expect a small rally soon which should take us at least until the 200 DMA at $30. If we break it (e.g. with good earnings/guidance) the stock could leave the current downward trend. That's my technical analysis of the current stock price ... don't ask me for the fundamental. ;-) Andreas

To: TimF who wrote (11188)	10/2/2000 7:45:22 PM
From: Buckwheat	Respond to of 275872

Island shows the last match at 22.87, the ask is 25.50 EOM

To: TimF who wrote (11188)	10/2/2000 7:49:13 PM
From: dougSF30	Read Replies (1) \| Respond to of 275872

Tim, exactly-- if enough people believe in TA, it can become self-fulfilling, at least on a day without big news. Most TA predictions also have an element of "if it doesn't hold or go up, it will go down" to them. Here's the last couple months in chart format (AMD vs. SOXX): finance.yahoo.com Makes one think that AMD-specific numerology isn't necessary to explain what's going on, doesn't it? There must be "gaps" and other ink-blot shapes in the SOXX itself that explains it all, I guess. <G> Doug