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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: niceguy767 who wrote (80642)	11/21/1999 9:21:00 PM
From: Bilow	Respond to of 1578294

Hi niceguy767; I agree with your analysis that $28 is a significant price, and that AMD is likely to break through it to the upside. On the other hand, it could also be a great price to start a brief short position. That is what makes it a significant price, the price will tend to exit that value quickly, either to the upside or the downside. Believe me, if AMD breaks that $28 line, I will look for a way to get long again. And I think it is likely to do that. But basically, I try to buy breakouts, rather than hold in hope of them. Like I say, I'm a trader. For me, holding a stock for over 2 months was almost like marriage. To put it in perspective, I traded in and out of INTC 20 times last week. By the way, I think that AMD's price will cross INTC's before six months are out. I just don't have the patience for it... -- Carl P.S. I still don't know precisely what shuck and jive means. I also wonder if Engel realizes that I have already taken my profits on AMD, and don't need to have any hopes as to what the power consumption of the .18 parts is going to be. When I say that the .18u is going to use a lot less power, I say it as an engineer, not as a stock owner or trader.

To: niceguy767 who wrote (80642)	11/21/1999 9:51:00 PM
From: tejek	Read Replies (1) \| Respond to of 1578294

<<<Two patterns emerge...the 3 year triangle and the 5 year envelope defined by straight lines across the lows and the highs which are parallel.>>> niceguy, when I look at a three year chart, I make out the triangle although I would not have seen it had you not pointed it out (I usually work with a daily chart as opposed to a weekly or monthly). Saying that an explosion (and it would have to be an explosion after 3 yrs) is imminent is interesting because another triangle has formed in the past week and half on the daily chart. If they occur simultaneously and they probably will, that will be one mother of a gap up....I am assuming a gap up given market conditions and the condition of the company. Do you not agree? ted