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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (13395)	4/20/2002 8:25:15 AM
From: chowder	Read Replies (1) of 23153

KB, thanks for the kind words. You forgot to mention DDS too. It's my largest holding and I did lock in some 90% plus gains in about 6-8 weeks, even though it's still my largest position. I may liquidate soon though, we'll see. I have every intention of playing AMD when the chart lines up. Average volume is 6 million shares a day. A lot of people will want to try and ride this one back up, fundamentals or not. It should have decent price support on the way up. A POS stock can reward you with a decent profit if the technical indicators support the move. A fundamentally sound company will not present a decent profit until the technical indicators say it can. The common denominator in any rising stock price is the technical indicators saying it will go up. When people say they are waiting for the market to catch up to the fundamentals, what they are really saying is that they are waiting on the technical indicators to recognize this fundamentally sound company. The price won't go up until the indicators say it can go up. I feel better now too and I haven't even had my Wheaties yet. dabum

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