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Technology Stocks : Cymer (CYMI)

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To: D. K. G. who wrote (9105)11/11/1997 7:25:00 PM
From: Candle stick  Read Replies (2) of 25960
 
Well, you are correct I have traded CYMI before but have since sold all my previous holdings at small profits. By saying "buying in at the first time" I am more referring to those who have a cost basis below 20, for example. These folks mentalities are much different from those who bought at 30 or 40. Another 3 points may be all you can stand if you own at 30 or 40, but at 20 a 3 point move is just a blip. I would consider myself in this group of "new" buyers simply because my cost basis is at the current lows. Actually, its even lower if you average in my previous profits from CYMI. Anyway, once a good deal of stock finds it way into these "new" strong hands, much of the pressure will be off. I think alot of that is going on lately.....just my opinion....best of luck to you.....;^)
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