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Technology Stocks : Cymer (CYMI)

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To: nycnpbbkr who wrote (2224)9/18/1997 10:44:00 PM
From: wiley murray   of 25960
 
NYCNPBBKR: Thanks for your comments. I agree with your conclusions on who makes money.Those of us who like to trade a lot appear to like the excitement of trading.Its an addiction of sorts, just like anything that brings excitement.Long term trading can bring excitement when you see profits showing up. In todays market climate, it appears that the funds who have most of the money are into this short term approach. I read somewhere that the average turnover of stocks in funds is growing every year.

Most short term traders who I am aware of who make it for awhile, eventually lose it, and you never hear from them again.

Cymer certainly appears to be another potential MSFT, Intel type of stock.I enjoy your posts. A person like yourself who is a professional broker certainly can help and guide the rest of us novice traders. Bear with us.
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