Shoots to 400
$Advanced Micro Devices(AMD.US$ its going to 400 a share today
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102328260 : Really?
102328260 : Uptrend today.. Due to the good news?
digimonX : My God.... I am a long time investor in AMD. It took about 12 years or so for AMD to progress from $2 to now $190. You are telling me it will go up by $200 ($190 to $400) just in 1 night? Which fortune teller have you consulted lately?
Den L digimonX: lol.. yeah, most who comment that something is going up (or down) are actually just hoping out loud. Many times people comment Nvidia will reach 1000 for the day but it hasn't.
70775017 digimonX: Amd has major resistance at 200 and 210. Support is at 190 and major support 170. No 400 move sorry
digimonX Den L: Most if not all people who give price predictions have no clue how the market will behave. They only try to sound like experts. Actually, some really sound idiotic rather than knowledgeable. The few loud ones that I have been observing have been wrong for weeks. On the day that they are right, they will proudly claim "see I told you"... I call them fortune tellers or more accurately 神棍 in chinese. Imagine screaming to the world that "it will rain tomorrow" everyday for the next 3 months. Some day you will be right but what's the value of this when everybody knows it naturally will rain on some days...
The other ones who scream up or down are mainly gamblers. These people are no different than those who go casinos. Most will lose their $ over the longer term.
digimonX 70775017: Thanks for sharing but I am not a technical analysis person. I mainly buy & hold once I have done enough research on a company.
chanliu1983 : I have to admit you might be right
, unwillingly though