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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.88+5.5%2:49 PM EST

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To: AK2004 who wrote (4401)8/10/2000 7:44:14 PM
From: Monty LenardRead Replies (2) of 275872
 
Tom Kurlak (not ta) and some ta's questioned if the company is going to survive at all at the time

Albert, I think I posted here the first time I owned AMD stock. I did not buy it based on TA. I bought it based on FA (my using their product and liking what I saw and saying to myself "you know I think these guys have got it together and can give intel a run for their money"). I only used TA to PICK my entry point. For goodness sake I don't think any TA person would tell you to live and die on TA alone. I invest on FA using TA for the entry point and exit point. And I TRADE (not necessarily DAYTRADE... more of swing trade) on TA ONLY!

So I have 2 mindsets. One is investing in good beat down companies that no one wants right now and the other is trading. I use FA AND TA for the investing and TA for the former.

Now, anyone that made a statement that it may not survive based on TA doesn't have a clue about TA. TA will NEVER give you the answer to that question. Only FA will tell you that.

Monty
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