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


To: Monty Lenard who wrote (10648)9/29/2000 3:18:00 PM
From: chic_hearneRead Replies (1) | Respond to of 275872
 
Monty,

We just touched $23...

Is this gap gonna get filled or what?

chic



To: Monty Lenard who wrote (10648)9/30/2000 5:57:49 AM
From: maceng2Respond to of 275872
 
Dear Monty and the Thread,

I think it will be illustrative if I post some of my observations about Monty. I don't think he will mind.

First have a look at this graph

siliconinvestor.com

Guess who was short at the top? (hint Monty)

Then Have a look at this reply

siliconinvestor.com

That to me is a reply from a good and able trader. A more sloppy trader may waited a while longer and have brought in mega bucks and then got silly ideas that he was good. His winnings would have been fritted away in a month or two after that IMHO.

Now lets see what Monty is talking about when he mentions the AMD "gap". Have a look at this graph and see if you can spot it.

siliconinvestor.com

Twenty Three bucks is where it's at and I can see how Monty has chosen his buy in points.

As for me, I'm a little more flexible. Alls fair in the buying and selling of stocks and shares.:-)

Risk wise I'm happy with what I've got at $26. I would even say that those who bought in AMD at the top shouldn't worry to much unless they have over extended themselves.

$15 or $50...It could look like small potatoes if AMD does what it is supposed to do, and that's the reason why you and I invest in this company in the first place.

Unless you just want to scalp a few points of course LOL

warm regards,

and best wishes,

pearly.