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


To: BUGGI-WO who wrote (198337)5/22/2006 5:25:30 PM
From: TGPTNDRRespond to of 275872
 
Buggi, Re: Your whole message.

Spot on.

Re:BTW2: my technical view says me, that the SOX is VERY NEAR
the buttom. Looks deeply oversold in the DAILY and WEEKLY
Chart at my Indicators. >

Yes, I'll add NAZ looks like it's near a logical turning point and there are plenty of technical reasons why I should have been poking money into the market instead of pulling more out.

RE: 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%.

Yes again. It's the old "When good news doesn't make a stock go up it's likely to go down" saw[4, noun]. I actually got a email message last April asking if it was time to ring the bell for AMD and replied "no but a nibble won't hurt."

In any case I have no great feelings for the market one way or the other so $Cash in the account has a good feel. That's all it was.

Re: BTW: timing in general. Most market comments point in the direction that the summer will be weak

One of the reasons I may well have been wrong. Most market comments, historically, have been wrong. Reading the Prudential upgrade, I think, is what did it for me today.

-tgp