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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.00+0.7%3:59 PM EST

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To: Monty Lenard who wrote (10285)9/26/2000 11:38:15 AM
From: chic_hearneRead Replies (1) of 275872
 
Re: I think the cat is out of the bag. I think the crooks are not hiding their intents anylonger because you know crooks figure their buddies will screw them and beat them to the exit. :-))

Monty,

Very much agreed. I saw that bullish consensus is up to 90% and bearish consensus is down to 5%. As a contrarian, I see the market going down with bullish consensus so high indicating that the big boys are starting to exit.

How are you positioning yourself in this market? Sectors or specific stocks?

I still think AMD will be a good play going into Oct 11th earnings. The key will be finding the right entry point. That's why I feel much more comfortable if AMD was sub $20 about a week before earnings.

chic
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