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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (140894)12/8/2001 8:20:20 AM
From: TGPTNDR  Read Replies (1) of 1586512
 
Ted, Re: <My largest holding,SGMA, hit as did RMTR which I've been riding for about a month and AMD(Sold it all this morning).

Man, you did do well....and don't forget ENE...that's a little icing on the side. I am curious as to why you sold everything this AM? Do you expect the markets to slump between here and the New Year?


Missed communication, Ted. What I meant was I sold all my AMD. Just seemed high. In looking over todays news I think I could be sorry. I may do something like pick up Apr 02 27.5 calls(AMDDY). It'll depend on my mood & what I read over the weekend.

My basic attitude toward the market remains that we're in a downtrend. The 9-11 caused a big dip buying opportunity we've now recovered from.

If the downtrend remains, as I believe, the next move is down. Semis are expensive. If we're not on the cusp of recovery next year is going to be nasty for INTC and AMD stock prices, IMO.

If I'm wrong the semis may be a good buy.

It's cheaper to lose opportunity than money, IMO.

tgptndr
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