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Friday, January 16, 2004 6:49:40 PM
Yes. You are correct - I did mean Tuesday.
I'm about 90% invested in AMD right now between my different accounts. I had to get away from it today to keep myself from selling - that may come back to haunt me.
I tend to follow 1day/1 minute - 3day/5 minute 5day/15 minute -10 day/30 minute and 20+ day/60 minute charts. I haven't had much time this evening to look, but a glance tells me that should AMD turn down on Mo... I mean Tuesday :) the daily chart could get ugly quickly.
As far as the market as a whole, I think that will be AMD's biggest headwind in the near-term. I could be wrong on that but thats the way I'm playing it this time around. 2100 on the Nas, while not too bad IMO, seems to have come too easily. I'm sure I'm not the only person sitting on some LTCG's that need to be cashed in.
Speaking personaly, I wouldn't mind at all hearing about your business plans. Best of luck and let us know!
Jack
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