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Technology Stocks : AMD ATI INTC NVDA Moderated

AMD 257.95

+0.7%

2:26 PM EST

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To: neolib who wrote (14)	3/22/2010 4:22:02 PM
From: xun	Read Replies (1) of 95

I like ARMH in a very long term view. But for my trading windows, it is already over-extended. I agree that in short term AMD has more upside potentials. AMD has 9.34 and 9.43 up next. For the time being, AMD is at the mercy of SPX. If SPX breaks above 1170 resistence, then AMD has better than 50/50 odds of breaking above 10 before the next earnings report. Otherwise, I expect AMD to trade sideway for a while. NVDA will announce Fermi this Friday. I think NVDA is at a inflection point. If Fermi is received well (or perceived well), then NVDA may have more upside (percentage wise) than AMD and INTC from here. If Fermi is perceived as a flop as rumored in many tech sites, then NVDA can trade sideway to downturn for a long time to come. I like INTC if market gives me another change at 20. Missed last one.

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