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Technology Stocks : Cymer (CYMI)

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To: Mr. Aloha who wrote (15303)3/2/1998 5:07:00 PM
From: Yakov Lurye  Read Replies (2) of 25960
 
Mr. A,

I am not sure that we are finished with the down trend - if previous trading patterns hold, we may have two more down days ahead (4-5 days selloff).

I am close to 100% cash as of Friday close(except for a small LRCX short position and few MU calls), with CYMI safely sitting in the IRA account where I don't have to worry about day-to-day trades. Itching to step to the plate though...

BTW, MU is up today - looks like it is parting ways with semi-equips..

Good luck,

Y.
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