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Alias Born 07/07/2002

Re: Bacchus_II post# 37967

Wednesday, 10/23/2002 10:09:20 PM

Wednesday, October 23, 2002 10:09:20 PM

Post# of 704047
No problems, the point I am trying to make is that for the near future LTBH decisions may not be competitive with swing trading. I have nothing against "investing" as opposed to "trading", I even follow a given "Dow Gambit" from time to time, which should be classified" as conservative investment, the same applies to the various "core" stocks and the few "value play" or orphaned stocks I comment on from time to time (mentioning orphans, SWTX may dip again under $2 in the next few days, and I will probably go for another "play"). AMD simply does not qualify as a "conservative play", a "core position" nor an orphan value stock at this time. So, when a solid profit (and I had a one day 20% profit when I exited AMD, usually, for me a 10% profit in one day is aken...) is offered, I strongly suggest taking it, even though, some may be left on the table...

By the way, AMD is running into serious technical resistance here at $6 or so, and during the run from just above $3 to just under $6, there was barely any improvement in money flow, not a good sign, IMTO.

Zeev


AZH

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