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Technology Stocks : Cymer (CYMI)
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To: Steven Angelil who wrote (9024)11/11/1997 2:13:00 PM
From: Shakush  Read Replies (2) of 25960
 
Steve, <the anatomy of a short squeeze>

I don't know much either but one thing I'm watching is the OI put /call ratio for the near to and in the money strikes. It seems to me the pros would be inclined to sell puts and cover calls about the time they're ready to cover. Another indicator is that I finally bought put protection today, so the bottom must be near.

Long CYMI, Duane
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