I am really getting tired of hearing from a couple friends how successful they were this past year in pairs. I feel like a loser for not even considering this strategy. Anyone have any interest in an INTC/AMD pair? Both have same PE's & share prices are pretty close as well, so you wouldn't need any rocket science style balancing calculations. What I am specifically interested in is any technical feedback with respect to working out the volatility or beta on each stock, and logistically marrying up the positions.