The EGF's correctly flagged that AMD was heading for the deep draw down the place I imagined months ago and wrote while in the responses that it could trade down to as low as $a hundred and ten, although that it is a lot simpler to repeat at $a hundred and forty then at say $185. Having said that my primary accumulation zone for AMD has become for in between $one hundred thirty and $one hundred fifty and as a result my position has ballooned from about 35% invested to sixty two% along with the lower it goes the more I will include, if it gets to everywhere around $110 I are going to be back again to a hundred% invested. AMD experiences today which as the EGF's counsel must result in an earnings miss out on however the inventory is currently down a whopping forty% from It is high, so whilst It'll be unstable, I suspect it could even rally on terrible earnings when the marketplace re-opens tomorrow.
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