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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (24447)3/14/2000 10:45:00 PM
From: Gary Kniffen  Read Replies (1) of 25960
 
Zeev,I almost went to margin today.In the past five weeks
I've done incredibly well trading in and out of this stock.On top of that I sold March covered calls[60's and
65's]on 1/3 of my core holdings.These will probably expire
without being called.I bought the last of my trading shares
back today at 52.At the end I wanted to go to margin for
another two thousand shares,but I hesitated,I've been in
this stock since 1998,through the fall and the subsequent
rise.As you can imagine I really like this company's
fundamentals.However I realize market forces can continue
to drive CYMI down with the rest of the market.Where do you
see support under 51? TIA
Gary Kniffen
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