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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: The Vinman who wrote (30793)4/1/1998 11:22:00 PM
From: Brian Hutcheson  Read Replies (1) | Respond to of 1572188
 
Vinman , over years of chart use
I came to the conclusion that the only thing that works in charting is resistance/support areas and volume . As for the rest RSI , Stochastics , MACD and DMI etc , you can throw out the window .
Even the ones I use I recognise have their limitations .
Brian



To: The Vinman who wrote (30793)4/2/1998 12:11:00 AM
From: Merlo  Read Replies (1) | Respond to of 1572188
 
Hello,

Can anyone tell me what the valuations are for AMD & CPQ ?
Someone told me AMD's book value is 17 dollars per share and Compaq
Computer 48 dollars per share..if this is true how come AMD is selling at ~2x times Compaq with Compaq being a major vendor of AMD based computers? I have both stocks and trying to figure out what to do..

Thanks,



To: The Vinman who wrote (30793)4/2/1998 1:06:00 AM
From: Brian Hutcheson  Read Replies (2) | Respond to of 1572188
 
Vinman , I just checked RSI on AMD
It is in the neutral position and is similar level to what it was on 1st Nov 1996 when AMD was $17.25 . It then proceeded to go up another $30+ in the next 4 months . I suggest you learn how to read charts .
Brian
PS Support and resistance with consideration of relative volume is still more effective than these other tools .



To: The Vinman who wrote (30793)4/2/1998 6:56:00 AM
From: Francis Chow  Respond to of 1572188
 
Why use RSI when you have a twenty billion neuron
computer available to you?