SI
SI
discoversearch

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.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (121849)8/6/2000 2:12:14 PM
From: Bill Jackson  Read Replies (3) of 1573931
 
Ted, It should be clear by now that TA is nothing more or less than a religious belief. The church of TA was built by it's proponents and it has it's high priests, gurus etc galore.
Yet every explanation looks to me like 20;20 hindsight.
If we all belonged and beileved, then when the high priest issues his call we would all run to make it so.
The funny thing is that back in the late 20's TA had a far stronger grip than it has now and people would read the WSN or the ticker news and dump stock at market...thereby fulfilling the prophecy. Those that sold thank their stars they got out, those that did not vow to sell on the instant that guru "XYZ" issues another sell order. Same for buy orders.
TA is 100% mass human psychology and it depends on the % of the SH in a particular company that are believers and followers of certain gurus. You get 10 gurus on one stock and there will be 10 analyses and little concerted action. You get 1 guru who gets people to buy in low, then most of the holders will be parts of his crowd and the stock will respond with more immediacy to his predictios......only his acolytes and adherents are in this loop.
You get AMD, a widely held stock and there is no hope that it will be affected by herd psychology, unless it is market wide. This we have seen. AMD goes up and down with the market and semis in particular.
By the way, if you expand the prices you will see many more gaps in every share. Trade in .00001's and more gaps will appear. Gaps are an artifact, and not a hole to be filled.

Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News