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

To: DRBES who wrote (201829)	6/13/2006 10:59:54 AM
From: Magrathea	Read Replies (3) \| Respond to of 275872

i disagree, it may well triple, but it ain't been easy LOL. And it won't be. It's going to be a tough, nail biting, two quarters. I'm still holding a core 6x bought in the low 20s, some long term, some will be by September. I'm going to maintain that core even if we dip into the teens. I bought another 1x at 30.70(about) with a sell order at 32.35 that didn't take and I've ridden that lot down. But I think the this is a time for buying or waiting, not selling. Crazy market. Nothing is up (except JNJ). Could some of this be margin related selling? With everything down (except Puts), I wonder how the hedge funds are doing. Long Term Capital Management went on the rocks because all the markets went against them. Stocks down across the board, gold down, foreign markets down. Even the US$ is gaining strength aginst other currencies the past couple weeks, so that not an easy answer for this tempest. (Are foreign holders selling into a ?temporary? US$ bounce?) I can't help wondering if some derivative investment strategies are melting down now. LTCM2 anyone? -Magrathea