sachu_blessyou

AMD the issue with calling the top

Short
NASDAQ:AMD   Advanced Micro Devices Inc
This is the first time in history leverage has been so easily accessible. Every time the market agrees price is heading down, shorters become fuel for the next leg up. Every other time the RSI has been so oversold the market has dipped, this time you can see the RSI has stayed oversold and remained sideways as the price continues to fly higher. In my opinion, the best thing to do is to look for great buys rather than try and time the top. Buying here is quite risky, $42 is the first great buying area, with the minimum requirement being an RSI reaching lower regions. With the RSI being so high the market seems to be more of a game of hot potato than an investment
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