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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (103821)4/11/2000 3:03:00 PM
From: Epinephrine  Read Replies (1) of 1571099
 
RE: <Stocks typically have to fill in the gap. I am expecting a pullback to the low 60's at some point during the next month (this AM did not count). Think of it as a buying opportunity.>

Ted,

I would, but I already considered yesterday a buying opportunity and now I am feeling the pain. :) I bought 50 April 75's which sure doesn't give much time to rebound before expiration. Especially if it falls more after earnings. I thought that it would keep going up today and tomorrow and that I could pick up a little gain before the announcement but I guess that was a clear mistake. Now I am faced with the choice to cut losses or hold through the announcement and hope for the best. I think I might do the latter even though I agree with you that in the event of a continued pullback firm support could be as low as the mid to low 60's.

Regards,

Epinephrine
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