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


To: Jim McMannis who wrote (121851)8/6/2000 4:28:56 PM
From: Bill Jackson  Read Replies (3) | Respond to of 1573930
 
jim, No snipes at montey, but at TA. Will Intel fill that huge gap at .0042?.
The time when this herd effect will allow for those short term buyers to sell off and "fill that gap" is quite short.

I am sorry you believe in TA, they will get all your money in time.

Seriously, I have never found any credible explanation for any aspect of TA, other that herd mentailty. This means it is pure and simple manipulation so the manipulators can take their positions, sure in their belief that the herd will act as told and make them a profit. Sure some herd people see through and position themselves alongside the manipulators and make money, but by and large herds go to slaughter.

Bill



To: Jim McMannis who wrote (121851)8/6/2000 5:20:30 PM
From: Monty Lenard  Read Replies (1) | Respond to of 1573930
 
Jim, Bill likes to take snipes at anyone that does not agree with him. I really do not mind his snipes nor any of the others that took em at me when I first shorted AMD at 90+.

The payback has been very nice and it bothers them. They just ride em up and ride em back down again. That is fine with me. Just not my way. I like to buy em low, sell em and short em high. I really love to short the ones that have the big gaps down low.

But the thing about TA is that it does work.

They act like they want someone to convince them of it. I don't have the time nor inclination to do that. But I do challenge them to supply me with charts that have not filled 10% gaps that are more than a year or year and a half old. Not ADR's.

Monty