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Politics : Formerly About Advanced Micro Devices
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To: richard surckla who wrote (45836)1/13/1999 10:17:00 PM
From: Jim McMannis  Read Replies (1) of 1572105
 
It's been my experience that when a company misses, especially when expectations are to beat the estimates by a wide margin, it's best to stand aside and let the stock fall. Many professional investors, mutual fund and institutional traders, as a rule, sell quickly after a miss.
Unlike yesteryear, markets react very quickly, expect a spike down tomorrow. a rebound then a retest in the coming weeks. This is where a TA program can really help.

Jim
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