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

To: redbird who wrote (25657)	1/18/2001 3:05:57 PM
From: Nazbuster	Respond to of 275872

21 7/16 is the critical close point for the recent high before the big plunge. (See daily chart on 11/27). Closing above that and staying there is a very good sign. Edit. There will be a lot of resistance/support in the 19-22 range.. I'd expect it to trade in this range awhile.

To: redbird who wrote (25657)	1/18/2001 3:11:21 PM
From: bacchus_ii	Respond to of 275872

What are your guesses for low of this wave and then the high of the next. Today I should let NG answer to that one :-) My only hope would be a maxpain move tomorrow that would permit me to re-enter in a wilder position. But with such a volume maxpain theories can't work at all. Gottfried

To: redbird who wrote (25657)	1/18/2001 3:41:55 PM
From: Milan Shah	Respond to of 275872

As much as I love AMD and believe it is a $40 stock, It should still cool down some today, and maybe tomorrow. What are your guesses for low of this wave and then the high of the next. Today close at 20 3/4 Mid next week go to 26 I doubt this will happen. I am pretty sure that MSFT is going to blow through earnings today, and even it it doesn't, it should paint a pretty rosy picture of the future, what with Whistler/Office 10/XBox coming out this year. That's all it will take to rocket beaten up stocks to the stratosphere... This sucks - I loyally held on to my AMD from 46 down to 13 and change, then sold Jan 15's for a buck, intending to start lowering by cost basis... Milan