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

To: eplace who wrote (85652)	7/24/2002 7:23:54 AM
From: andreas_wonisch	Respond to of 275872

Ed, Re: I always find it amusing that you never get a response from those "intel" fans when they are put on the spot or just proven wrong. At least I had expected a response like "Nvidia is lying about market share" or "I only trust Intel's non-published market share numbers but I can't share them with you". ;-) NVDA looks like a good short term play here and VIX finished higher today than any close in September of last year. We could be seeing a short term bottom before the week is over. I hope so. Since the NASDAQ is reaching the lower end of its current down-trend range I expect a bounce soon. I expect that we will still go lower from here later this year but for now markets are so oversold that I think a short-term bottom is near. Regarding NVDA: I don't have to talk about the fundamentals (still very strong IMO) but from a technical perspective it would be ideal if it closed today higher than yesterday since this would mark a double-bottom on the chart. Andreas