
My AMD Target

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Unless an 800% increase in price on a money-losing company makes total sense, this might be a vulnerable level for REAL.

Before I talk about my positions as such, I’d like to point out that the Dow 30 fund, DIA, has slipped under its breakout gap. Thus, we have a failed bullish breakout, albeit a modest one.

Our mutual friend LZ brought to our attention the ratio chart AMD/SMH, which is a thing of stellar beauty!

As if you needed another semiconductor company to short, this one is a beauty: check out the head and shoulders top I’ve marked in pink.
