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

To: andreas_wonisch who wrote (11999)	10/7/2000 7:43:31 PM
From: Monty Lenard	Respond to of 275872

THANKS andreas, Where did that chart come from? Is it some kind of service that finds gaps? Nice! I had for some reason missed that one and guess what it is at 16 1/2...that was Brookes number(the 200 DSMA on the weekly chart). It is also a 78.6% retracement on the move from 10/17/99 to the top at 6/04/00. Now from a friend of mine who is very good at the EWAVE analysis(I will keep his name out of this so he doesn't get flamed) "an example of projecting the end of a Wave C of an ABC correction. ............................................................................................... When there is a cluster of prices derived from the above projections then one should pay attention. In AMD's case you need to measure the move from the top of Wave A on 06/05 to the bottom on 08/11. 48.50-27.00=21.5. The top of Wave B was on 08/31 @ 38.25. 38.25-21.5=16.75. " Monty