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Technology Stocks : Full Disclosure Trading

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To: Jacob Snyder who wrote (2655)11/12/2002 1:11:17 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 13403
 
OT***

>> CYMI SS @ 28.8

I guess it is a toss-up. The current price is double the recent low, and half the (less) recent high.

But a more general question. If one was unable to forecast the large run-up from the October 10 lows, why would one have any expectation in being able to forecast a drop from the November 10 high ?

Are tops easier to see (or confirm) than bottoms? Or is it a belief that buyers after a run-up are more likely to be wrong than sellers after a run-down ?

Good luck to you in your short. AMAT reports today. Dell on Thursday.
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