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bobs10

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bobs10

Re: None

Tuesday, 12/21/2004 11:48:02 AM

Tuesday, December 21, 2004 11:48:02 AM

Post# of 97580
Mad rush to the door. Who yelled fire?

From a strategic point of view today is a very good day for the bears to mount an attack. With the flash news and a lot of the big boys already on vacation AMD's price is subject to any strong gust. The bears are doing very well with the repositioning they did at about $25 so any change in the wind will probably result in a lot of covering and a big reversal day. Still, that day is not going to be today or tomorrow. Probably after the first of the year when AMD does the sort of forecasting it did last quarter.
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