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Technology Stocks : Cymer (CYMI)
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To: W.R. Stolizino who wrote (15995)3/25/1998 4:39:00 PM
From: Elroy Jetson  Read Replies (2) of 25960
 
Thank goodness you dumped your Cymer common yesterday at $20. If you had kept this "dead money" stock you would have made only 4% over the 24 hour period. Tough to maintain your 10,000% day-trader return in a position like that.

Once Cymer confirms it's upward trend by breaking through its resistance level at $32, it will be safe to buy again. I know some would suggest waiting for the stock to re-test it's previous highs at $48 before buying and that's worth considering.

Leave the long slow climb from $20 to $48 to dim-witted types like me who are content to merely double our money.
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