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Re: wbmw post# 32370

Tuesday, 08/22/2006 1:50:57 PM

Tuesday, August 22, 2006 1:50:57 PM

Post# of 152232
It's risky. The chart pattern shows a breakout at the moment
on good volume and there might be followthrough. I think that
things will be more interesting later this afternoon. If AMD
gives back a good chunk of today's gain, then there would be
less risk.

There should be substantial resistance around $26. If it gets
through there, then $30 is probably tops. If it fails $26, well,
the risk/return gets a lot better.

I'm still in cash earning almost 5%.

Market is too jittery for me this summer.
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