Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.845

+3.5%

3:59 PM EST

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To: HML04 who wrote (410)	5/2/1997 6:16:00 PM
From: Zeev Hed	of 640

There is sure a maniatic fear out there to be left behind and this against a background of lack of pronounced "bullishnes". I certainly was wrong expecting a second retest of 1200 on nasdaq and possibly a break, I should have stuck with my original forecast. Nevrtheless, I think that the environment of unemployment under 5 and GDP growth above 5 is not what the FED's are praying for. I think the current euiphoria will end badly, and thus stay 50% invested. I am not shorting however, since there is no way of forecasting how far that go. I doubtthat rally will continue past next Wednesday, however. The nature of the next reaction will determine the staying power of this rally. Zeev PS I do not care to count how many times I have been wrong before.

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