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

To: xun who wrote (111924)	5/22/2000 4:08:00 PM
From: Elmer	Respond to of 1579897

Re: "Good observation. Still have AMD positions?" Yup and I wrote a bunch of puts this morning. Unfortunately I wrote them at the open but that's life. They were June 85s. Wish I had waited about an hour.... EP

To: xun who wrote (111924)	5/22/2000 4:12:00 PM
From: Mani1	Respond to of 1579897

panic re <<Elmer, RE<This is the classic sentiment when the market is near a bottom> Good observation. Still have AMD positions?>> WOW! I agree 100% with Elmer on this one! Very strange. I do not buy all this retesting stuff. Market moves down because there are more seller than buyers at the current price, so it has to go down to balance them. Once you are bearish, it means you have already sold your stuff, so nothing more to sell, so we move higher. Yes, "no dah!" but it is just the simplicity that people seem to ignore. Mani