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Technology Stocks : Cymer (CYMI)

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To: Sonny who wrote (18710)7/24/1998 10:39:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
Sonny, the last four days were a gift to the bulls, IMHO. The market behave like it does at a major bottom, not a top. Four
consecutive days of tick more negative than 1000, at one pointy I saw a -1400 or more. This market is being set up for a
major rally in my opinion, and it could start next week. I am so convinced that for the first time in a long time I removed stop
losses (which would have been hit) because I fear more a whipsaw than a major decline here. My S.L. on CYMI was at 16.75, but I did not act on it because I feel that we are going up and strong. Give me few ticks at +1000 and than I'll start running for the exit.

Zeev
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