Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chic_hearne who wrote (102705)	4/6/2000 8:29:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1575775

RE:"Jim and other chart guys, How do you factor in that AMd reports earnings in 4 trading days? How does a chart factor in all of the good news from the last few days, not to mention all of the upgrades we should see next week? What does the chart say about AMD being seriously undervalued at $10 billion with Y2K estimates compared to other techs?" One of the premises of pure Technical Analysis is that the story is all in the price data. A smart investor, though, will view fundamental data as well and use TA to fine tune. In light of earnings in 4 days. They are almost within the parameters of a correction in that the indicators showing correction as what I would call "first defense"... Usually a correction starts within 3 days... THIS DOES NOT MEAN THE LONG TERM UPTREND has been compromised. For most any pullback may be a good time to buy. As a matter of fact I've seen many here do this with amazing accuracy. Jim Best thing to do is get a TA program and give it a try...