SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: jitkaz who wrote (4715)1/5/2005 8:00:30 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
First of all, never commit more than you feel comfortable in risking, this is the first thing you must know...

If I still had a profit on a trade and I no longer felt comfortable in that trade, I would close it out immediately... I would NEVER "hold on and hope it turns around," this is completely foolish... if you wouldn't buy it now, then why hold it at all? You must constantly re-evaluate your position every single day... never get married to any market position, this is the biggest mistake amateurs make, these markets don't have feelings, they don't care about you, it's cold blooded and you're nothing but a mid day snack for the traders... remember that, and you'll be smarter and wiser for it... I realize these are harsh words, but they're true and need to be said...

GZ



To: jitkaz who wrote (4715)1/6/2005 10:08:49 AM
From: Kirk ©  Respond to of 12411
 
"I am in a position of having too much of AMD now. I am holding for a much higher price (hopefully I will get it :-) I"

Well, at least Wells Fargo likes your shares.

AMD Shares Seen With 30% Potential Upside
01.05.05, 11:47 AM ET

forbes.com

<<Wells Fargo Securities upgraded Advanced Micro Devices (nyse: AMD - news - people ) to "buy" from "hold" and says shares have the potential to gain an additional 30%. "Concerns about the prospects for the semiconductor industry have combined with concerns about the outlook for capital markets to create a pullback in the valuation for AMD," Wells Fargo said. "We believe that the company is capable of continuing to impress customers and investors with its technology and execution."

The research firm established a price target of $27, "which implies more than a 30% potential gain." Wells Fargo Securities said a shift to 64-bit computing should bolster AMD's position in the processor segment while the company "appears in better shape than in the past" to withstand pricing pressures in the flash memory market. The firm noted, however, that "risks inherent in AMD's business combined with a lack of current earnings support create what we view as a high-risk profile in the shares.">>