Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[John NY]

So for a few days i've been eyeing AMD, maybe the bad news is factored in and INTC's news would help. So i watched and I remembered the last 2 times I missed AMD at about $15. Once before the split and once after. So it was coming up from nearing the 52 week low by about 40 cents or so, not exactly a higher high :) So perhaps a intermediate or longer term double bottom? Well, the difference betweewn now and the last 2 times AMD was at 15 was the market. before the split it was nuts bullish. The last time, it was a hopefull turnaround with at least retail and apparel as the last hope and rising. Now is a different story, so why would I be the one to be testing a theoretical double bottom support level? Give me an uptrend in something with a better outlook, guidance...maybe shoes, who cares what the sector. Every CPU I or anyone I know for the past year has been an AMD but that's a small sample. So I stayed away and here's some new 52 week lows in place. I'll wait for PSA - Public Storage to bounce ff it's 50 ma in that nice uptrend it's in and wait for AMD to be in an uptrend someday, no rush. Just some recent thoughts.