Advanced Micro Devices Inc (AMD)

[mmoy]

Huge liquidity today and tomorrow. Fed did a net $3.3 billion
dollar pump today but there was something like a $11 billion
in Cash Management Bills today and tomorrow is Corporate Tax
Receipts.

The Fed has been pretty stingy for most of the month but the
markets held on more or less anyways. The weakness in the markets
for the past few days (open up and then slide down during the
day) apparently dragged in the shorts and puts setting the stage
for an explosive move north.

AMD apparently had some news today too. But it was a nice setup
nonetheless.