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: tejek who wrote (121849)	8/6/2000 2:12:14 PM
From: Bill Jackson	Read Replies (3) \| Respond to of 1573927

Ted, It should be clear by now that TA is nothing more or less than a religious belief. The church of TA was built by it's proponents and it has it's high priests, gurus etc galore. Yet every explanation looks to me like 20;20 hindsight. If we all belonged and beileved, then when the high priest issues his call we would all run to make it so. The funny thing is that back in the late 20's TA had a far stronger grip than it has now and people would read the WSN or the ticker news and dump stock at market...thereby fulfilling the prophecy. Those that sold thank their stars they got out, those that did not vow to sell on the instant that guru "XYZ" issues another sell order. Same for buy orders. TA is 100% mass human psychology and it depends on the % of the SH in a particular company that are believers and followers of certain gurus. You get 10 gurus on one stock and there will be 10 analyses and little concerted action. You get 1 guru who gets people to buy in low, then most of the holders will be parts of his crowd and the stock will respond with more immediacy to his predictios......only his acolytes and adherents are in this loop. You get AMD, a widely held stock and there is no hope that it will be affected by herd psychology, unless it is market wide. This we have seen. AMD goes up and down with the market and semis in particular. By the way, if you expand the prices you will see many more gaps in every share. Trade in .00001's and more gaps will appear. Gaps are an artifact, and not a hole to be filled. Bill

To: tejek who wrote (121849)	8/6/2000 5:08:16 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 1573927

In other words you are saying that AMD broke its recent uptrend and that has lead you to believe that the gap in the 40's will be filled. You are saying that. I really don't feel a need to prove anything to you tejak. You asked me a question (not a sincere one at that) and I tried to answer it. You do whatever you want. You see whatever you want. I am sure you can't see the triple top on AMD either. TA told me when to short it. The analysts did not tell me. The fundamentals did not tell me when to short it. Just like they will not tell me when to cover and go long. See ya