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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brian Hutcheson who wrote (30814)4/2/1998 2:12:00 AM
From: Petz  Read Replies (3) | Respond to of 1572206
 
Brian, what a great couple days. I was in NJ on business, no quotes, etc. till I see CNN at night. I noticed on Lombard intra-day graph that there was a 500,000 share block at about 2:40. Afternoon strengh looked good.

Hmmm, maybe I should take another trip and make it go up another 3 points! 3 solid heavy volume days closing above 200 day MA, with intra-day testing of the MA is a great sign. I also like the fact that denial of 25% equity investment by AMD couldn't push the stock down.

Petz



To: Brian Hutcheson who wrote (30814)4/2/1998 11:38:00 AM
From: The Vinman  Read Replies (4) | Respond to of 1572206
 
Brian, using a 14 day RSI AMD exceeds 70, which is in overbought territory...if you can, think about what RSI means...Relative Strength Index, it measures relative prices of a security, in this case over the last 14 days, AMD is up from around 21 over the last 14 trading days to 30, intuitively it is extended, which is confirmed using RSI indicator...if you need further help let me know, if you are looking to catch someone just throwing out hype on the thread go elsewhere, the Vinman is the ALL MAN......

Vinman, don't hate me because I'm beautiful....