Discussion in 'Stocks' started by sbn, Mar 23, 2006.
Hi, does anyone here trade AMD and PFE.
I do...right now have a 37.5 put calendar on AMD and sold a strangle 27.5/25 on the shares of PFE I have. When I put the calendar on I thought AMD was over-valued and I've bought and sold PFE before...seems fairly valued here. just my thoughts
Had AMD on the watchlist, but PFE is now going on it too, thanks.
I use higher timeframe analysis and prop calculations to monitor where value buyers are willing to offset momentum sellers. It allowed me to buy Gold recently on 3/23 (still long)
AMD is a high probabillity buy here although the broader market context is breaking down.
I'm long, but I've reduced size below normal levels and loosened up the stop due to the 4/12 earnings release and the possibility of a adverse 10-15% quick move.
Here's my AMD chart with my bid line
And you can download my daily notes in the attached PDF
I think you meant http://axis-analytics.com/charts/weekly/04_10_06/0410062.html
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