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

To: Jim McMannis who wrote (54184)	9/7/2001 11:11:24 PM
From: wanna_bmw	Read Replies (3) \| Respond to of 275872

Jim, Re: "Looking for patterns in old graphs is a poor way to invest. While history can teach us many lessons, it sure couldn't predict the crash in the market between late last year and now, so I doubt it can predict an AMD comeback over the next few months." Simply wrong, sorry... I think several people have misunderstood what I meant here, and in retrospect, my wording does not convey the message that I wanted it to. I should have specified that looking at old graphs in the way TGPTNDR was suggesting runs the risk of oversimplifying the data, which will probably lead to a wrong result. I am not saying that there is no way to gain investment information by looking at old graphs, because I am well aware of the concept of Technical Analysis. His previous statement was, "Try laying the last 4 years October 1 to January 1 charts over each other to see if there's a trend," and it was meant to suggest that AMD would have an upturn in the stock over the next few months. I disagree with this, because in the absence of other data, you can't rely on that trend line. A real technical analysis would use much more data. Understand? wanna_bmw