AMD ATI INTC NVDA Moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AMD ATI INTC NVDA Moderated

AMD 259.65

+1.4%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: xun who wrote (67)	2/25/2011 5:16:13 PM
From: xun	Read Replies (2) of 95

This market bounce into the weekend is not the end of this correction. It is too shallow and too short in duration. This should have another leg down in a healthy pullback. I expect S&P to hit 1289 before it resumes the up trend. Overall, at this juncture, my view is that this market is too suger high. I am taking money off as it keeps going high. IF the market does not crash before the end of April, I expect AMD to test 10.25 before the next earnings season. INTC trades fairly well lately. I guess a lot money managers try to chase this blue chip tech giant with +3% yield. NVDA is becoming a new darling of momentum play. It will be volatile as long as the pad mania continues. The conventional wisdom says "don't fight the FED and don't fight the TAPE". But, I don't think the FED is capable of altering the law of nature. In history, printing press never ends well. With that, I will take profits every time this printing press gives me a chance. It is going to be a bumpy road to recovery.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next