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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.96+5.5%Nov 24 3:59 PM EST

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To: AK2004 who wrote (4401)8/10/2000 7:36:24 PM
From: TechTrader42Read Replies (1) of 275872
 
Interesting. Kurlak must have felt pretty silly after that.

But honestly, there were some great buy signals when AMD went that low.

I'm glad you got in so low. That's the basic idea in any investing or trading: buying low, selling high -- not buying high and talking oneself into believing that the fundies look good while the price continues down.

In many threads on SI, "due diligence" seems to amount to a group of people diligently talking themselves into believing that their falling stock will go back up one day, because they're due a break, after losing most of their money. DD amounts to dumb and dumber.

It's tough making money in the market, whether with TA, FA or plain common sense. Who really cares how one does it? TA does really work well for some -- but not for others. Some TA is just plain awful. But some analysis is excellent. There are just so many ways to go about doing it. Same with FA. Same with trading.
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