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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 229.30+2.6%3:36 PM EST

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To: alias_doodaddy64 who wrote (210930)9/15/2006 11:57:57 AM
From: plantlifeRead Replies (1) of 275872
 
Unfortunately, you got caught in a (momentum) initiated hurricane. It went too far, there is no doubt about that, and the reversal is a result of the extent of unjustified selling pressure, (panic).

I sold a few times, bought and sold again, etc. during that time. It was a wild ride, unpredictable to even the best TA people, (audi comes to mind), who bought and sold as well.

You got into a crap shoot, but didn't roll the dice. I did roll a couple times, not on AMD's prospects, but on my belief that the manipulators would orchestrate the sell off, and I could buy back at a cheaper price when the smoke cleared.

It worked, but not as well as it did for the good TA guys.
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