Advanced Micro Devices Inc (AMD)

[facsnotfiction]

dougSF30
I think sgolds makes some valid points and put some time and effort into his post. I don't think his post was mean't to be the only thing investors focus on. What you should remember is that technical analysis does come into play when many people or institutions are buying and selling stock. The whole idea of this board is the useful exchange of information and that is what sgolds was doing with his post. Technical analysis is just another piece of the puzzle, as is current news, maket sentiment, and sector sentiment. I myself noticed today how AMD's stock fell back and everyone was wondering why. Then someone from another board misunderstood what was said at the CSFB conference, and all of a sudden everyone thinks AMD is warning or lowering guidance on Q4. As it turns out AMD just is not saying anything right now other than saying they see a seasonally strong Q4. Reuters article backed this up and mentioned nothing of continuing losses, so it was just someone misunderstanding what was said.