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Technology Stocks : Cymer (CYMI)
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To: Curlton Latts who wrote (22516)7/14/1999 4:04:00 PM
From: Curlton Latts  Read Replies (4) of 25960
 
A brand spankin new 52 week high again! Deja vu. We've very quickly reached the "happy zone". The "happy zone" is where there are very few investors who aren't making money. As such, companies with their stock prices in the "happy zone" tend to go up faster and further. There aren't any sellers looking to get out - those that may get out are "happy" making them prone to get back in - and - the new crowd gets attracted to come in propelling the trend higher. As happy stocks get harder to buy they tend to stay on an upward path and continue in that direction for quite some time. As Hoppy used to say "Happy trails to you!".

Good Luck To Each And All

Curly

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