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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: wanna_bmw who wrote (83207)6/21/2002 7:50:43 PM
From: Mani1Read Replies (1) of 275872
 
Re <<On the other hand, notice that Elmer recently announced that he has sold the last of his AMD shares. He's been one of the better indicators on this board.>>

Really? How much did he pay for those shares that he just sold?

First look at the direction of market, if you like it, then look for individual stocks. Good stocks in a bad market, is just less bad than the rest. I think we are one big sell off for the bottom for this year. Once everyone throws in the towel, it is time to stop shorting and start going long.

Best way to make money, is too short the high flyers in a bear market, and go long high growth in a bull market. If the market is somewhere in between, which I think it will be the last quarter of this year, you need to be a pretty good stock picker with some intimate knowledge of the industry you are investing.

Mani
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