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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (17816)5/27/1998 10:08:00 PM
From: Yakov Lurye  Read Replies (1) of 25960
 
Zeev, admittedly, SOX didn't rebound strong, but it also showed some resistance in the morning. If INTC gets some kind of support tomorrow, you entry point will look good - at least for a while. If it continues to struggle, the really critical test is at 69-70 level (which would roughly correspond to SOX testing 245).

On a positive side, I use TXN as a proxy/lead stock for SOX, and TXN intra-day chart looked reasonable.

Good luck,

Y.

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