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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.05+1.4%Dec 8 3:59 PM EST

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To: jjayxxxx who wrote (201877)6/13/2006 11:03:42 PM
From: Mani1 of 275872
 
Re <<Does this mean you're back in? I can't remember, were you out?>>

I currently own a relatively small position in AMD. I WILL increase it within the next few days, probably as early as tomorrow.

I have been fairly successful trading AMD from a contrarian approach. But you gotta be patient with it and let it complete its “emotional” moves up and down. The only way to catch the exact top and bottom is to get lucky. AMD has a lot of “fans” and not necessary investors. It always overshoots the top and the bottom. It is either destroying Intel or getting crushed by it, there is no middle ground.

That makes it a very good stock to trade if you keep a fair perspective and stay emotionally detached.

Mani
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