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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 223.53+1.1%Jan 14 3:59 PM EST
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To: Bill Jackson who wrote (45476)6/27/2001 9:27:21 PM
From: Jim McMannisRead Replies (2) of 275872
 
RE:"Petz, The thread has become a shambles due to inaction by all of us.
Notice how people are leaving and the ratio of ones mans output grows?"

The markets are snakebit. The public is disillusioned with the market. The pumping and dumping of the last year has left a bad taste in everyones mouth. Analysts who were never right in the first place make underhanded comments like "I wouldn't be surprised if AMD warned or Intel warned".
I'd say the negativity in the tech sector is at a low except that the pain has not extended to the DOW stocks and we have relatively low rates with AG in ease mode.
Tech has now turned into a dull grind with no sustainable rally.
It's times like these when certain people show up out of the blue to get a few digs in. Let's see them short some AMD...
Too much emphasis is put on individual axes to grind here. Top down investing suggests that the overall market is the first thing to look at followed by the sector and then the company itself. Right now the overall market and the negative sentiment on the tech sector have most all the techs on the run.
Just when it looks bleakest, it will turn. And out visitors will be no where to be found.

Jim
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