Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Bill Jackson who wrote (121850)	8/6/2000 3:37:39 PM
From: Jim McMannis	Read Replies (2) of 1573937

Bill, RE:"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." Bill, sounds like you taking a snipe at Monty or confusing the church of TA with the church of Intel. <G> TA has worked for me for many years. Sure there are Charlatans that use TA like voodoo...just as there are Charlatans that hide behind "inside information", fundamental predictions, Astrology and whatever... And no, I don't think AMD will necessarily fill the gap near 40. What is more important is the time factor...in a long protracted bear market who knows how low AMD could go. Right now the line in the sand is at approx 56-57. 50% retracement. We already hit 58 and change. Another big sell off and who knows whether they will throw AMD out with the resr. At any rate, it looks like chop for 2-3 more months or until AG hikes and we get the last hike in this cycle... Postponing it just makes things worse. Jim

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