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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 259.68+2.3%3:59 PM EST

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To: andreas_wonisch who wrote (10865)9/30/2000 9:01:58 AM
From: Monty LenardRead Replies (2) of 275872
 
andreas, this statement is just not true in my mind but to each his own.

"Every theory must have means to be proven or an explanation, otherwise it's just useless."

I have played this "prove it" game with people on the AMD thread too many times to go down that road. When I said that I went short AMD and it was going to fill that gap (when AMD had just made a new high) Mani and some others jumped on me with both feet and wanted me to prove it and told me I was an idiot and da da da da. Well the proof is in the pudding.

Too many of you people think TA has no meaning for me to waste my time trying prove what is a negative to you already.

"your theory is either flawed or you don't understand it"

Both! I am just lucky and I commit my money based on how lucky I feel at the time. :-)

Now I have a question for you. Why did it hold at 23. Can you provide me with some fundamental analysis that explains why the price stopped at EXACTLY 23 after falling from 90ish? Is there some fundamental analysis that you can provide that proves that 23 is the MAGIC LOW VALUE for AMD?

Monty
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