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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Eric K. who wrote (4602)8/11/2000 4:36:23 PM
From: GoutamRespond to of 275872
 
Eric,

< Be serious Goutama! niceguy wrote his $120 price target at least one thousand times on the two AMD threads. He didn't exactly get harshness from us as a result.>

Not entirely true.

<I don't expect a technician to be able to say, "Stock will go to x in y days." I expect a technician to be able to say, "The probability of this happening is higher than the probability of that happening." >

I have nothing against Monty, or TA. I pay attention to TA experts' opinions, and predictions, but I don't utilize them in making any of my investment decisions. Now, coming back to Monty's statement - his prediction was based on TA. Now, how can one measure TA's accuracy with out a time frame (be it a week or months) attached to the predictions derived from it?

Goutama



To: Eric K. who wrote (4602)8/11/2000 8:46:24 PM
From: niceguy767Respond to of 275872
 
Eric K.

Re: "niceguy wrote his $120 price target at least one thousand times on the two AMD threads."

Comment: Please don't leave out the minimum of $150 by December 31...because that target still remains viable based on my assumption of $2.00 and $3.00 minimum eps for AMD in Q3 and Q4 respectively...


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