Advanced Micro Devices Inc (AMD)

[Jack Hammered]

HailMary -

With Intel and AMD holding their respective channels, (although AMD has pierced it on my chart - much like the late September slide you pointed out earlier) I think January will be good for the Semi's.

Intel guided to the high side and Sandisk said today that they have NOT seen any flash price erosion. Those were probably the biggest factors for the recent Semi weakness, IMO.

There has been alot of gains and some folks want to lock in. My gut feeling is that the larger money wants to get into next year before the Q1 dump. Standard disclaimers apply, of course.

Oh, and to answer your question directly, yes.

Best,
Jack