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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (101089)	7/11/2004 3:20:59 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Yes, you know my thoughts as they have not changed for many months on AMD. I am still bullish on it long-term, how can you not be with that pennant/flag still in play. As for July max-pain it is between 15 and 16 somewhere so an up wiggle would not surprise me. And that's interesting about the short position. Increased pessimism as it trades in a bullish pattern is good support for a break upwards. Still think we visit the lows of the jell-o before a sustained move up. It would be a hold for me here.