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Technology Stocks : Cymer (CYMI)
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To: Curlton Latts who wrote (12459)1/9/1998 4:49:00 PM
From: H James Morris  Read Replies (1) of 25960
 
I love to these market makers manipulate stocks especially on volitile days like today. In the case of Cymi, which was down all day, I couldn't help but notice with an hr to ago and Cymi trading @ 15 1/4 to 15 3/8 suddenly the mm moves the stock up to 16 3/8 so now I'm watching the tape, yes what the mm does, is buys a chunk @ say 15 1/4 moves it up to 16 3/8, then sells his inventory all off, back to where I think, it closed.
Oh well tough day, for all investor longs and calls.This Asian crisis (remember it started as the flu), makes it tough for Cymer. With the exception of a few isolated stocks (including cymi) all I'm doing is shorts and puts (its what you call "throwing the knife back at them).
Good luck to all.
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