AMD - The Psychological Pitfalls of a Market Cycle
AMD
is trading at a PE multiple of 296. Their CEO has done a very good job building confidence in the company but unfortunately the euphoria is over. The numbers don't jive and the market is starting to come to grips. Time for a reset of expectations. The Psychological Pitfalls of a Market Cycle at its finest
"At least 50% of the whole game is the general market."
-William J O'Neil
"Don't let anyone tell you that you can't time the market"
-William J O'Neil - Chapter 9
-William J O'Neil
"Don't let anyone tell you that you can't time the market"
-William J O'Neil - Chapter 9