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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jason Rooks who wrote (15824)	5/15/2001 8:10:14 PM
From: Zeev Hed	Respond to of 30051

I meant AMD, but I am not sure it is ready yet, after all recently it broke through an important area ($29.5), and while for a bright moment today, it got back above that number, it failed to close above it, so you got to wait for a retest of $27, and I fear that one may not hold. Once we get through this down phase (and I have no idea how far down we can go, since a lot of things are "coming into "orbit"), it could be an interesting play. I have other preferences myself, like VSH, IRF and few others, but between AMD and INTC, the former surely looks as if it is going to lead on the next run up. Zeev