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

To: TGPTNDR who wrote (198336)	5/22/2006 5:05:45 PM
From: BUGGI-WO	Read Replies (1) \| Respond to of 275872

[edited] @TGPTNGR - General comments " And it is, STILL, the wrong time of year, generally, to hold AMD. " I'm not "sure", as everyone, what the future will bring to us, of course ;-) ... but I really believe in the overall sentiment expression. So most Techs tend to be REALLY weak the last weeks, we only have to look through the charts at the SOX components. It looks really ugly and only a few names didn't fall that bad. So AMD introduced many new lines, more tomorrow, we got Up- grades and DELL onboard and the stock nearly didn't move, when I look at the 32,44$ low from today. Before DELL the stock was at 31,41, so when we only look at TODAY (doesn't work, I know) its up to now a net 1$ -> laughable. But the market is right - as always ... ;-) BTW: timing in general. Most market comments point in the direction that the summer will be weak - could be, but for the TECHs I don't know, if this timing indicator is THAT RIGHT. Just look at last year - the LOW was made at the end of April just above 14$ and at the end of September we stood at 26, so near +100%. I will not say that this time this action will repeat, but shows that sell in may could be a VERY wrong decision. BTW2: my technical view says me, that the SOX is VERY NEAR the buttom. Looks deeply oversold in the DAYLY and WEEKLY Chart at my Indicators. Edit: Just looked at the new S&P data for AMD 1,65$ for 2006 and 2,10$ for 2007 -> reasonable. ;-) BUGGI