Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Volsi Mimir who wrote (8599)	11/7/1997 6:30:00 AM
From: TideGlider	Read Replies (3) of 25960

Eddy: Take note of this. It comes from a very good trader with a large following. It may be of use to you: One word of caution is in order which is why I felt I needed to send out an issue tonight. Friday is employment report day. The way the markets faded late today may be indicative of a choppy to weak session tomorrow leading into Friday's report. This isn't at all unusual as the employment report Fridays always are volatile. So use care tomorrow because many traders tend to avoid holding positions overnight leading into the employment report Friday which could lead to some selling off, especially in stocks that have had a strong week. Remember that a bearish report can lead to a gap down open, where stops don't help. On big gap down opens, the best tactic is to kill the stop loss order, wait until the market opens, then reinstall the stop under where the stock opens. This way you don't get sold out at what usually becomes the low of the day. I hope all works well for you... Something to remember...There aren't any recent profits to scoop from CYMI and the price is incredibly depressed already. It is not as likely to fall in the same degree as many other stocks. Regards Bruce

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