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Thursday, December 11, 2003 1:13:50 PM
LOL. I think you're on to something.
All kidding aside, TA is pretty useless long term. The fundamentals are going to win out. It all comes down to Q4 earnings expectations and results, and beyond that outlook of 04.
If you believe in AMD, you don't need TA to tell you to buy. In fact if you use TA you might just miss out on buying as you'll probably be trying to guess a bottom. Just buy now, and the short term will become noise in a couple of months.
So TA might get you are short term advantage or it might not. It is a game of probability. You are generally better off not to use it unless you are an active trader. It does have merit for some of us who trade frequently.
HailMary
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