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Technology Stocks : Cymer (CYMI)

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To: Gerald L. Kerr who wrote (5902)10/23/1997 2:46:00 PM
From: Jeff Mills  Read Replies (2) of 25960
 
One has to think that the Dow and CYMI will see alot of short covering into the 4 PM hour. Selling season is almost done and traders will not want to be short going into Friday and a possible Hong Kong bounce. If Bonds were getting hammered I would be more concerned. This is not the case. Bonds are strong, yields are coming down--and that always bodes well for stocks. The Dow is down about 220 right now. I'll wager it closes down 150.
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