Jay,
I also was wondering if it may be a good time to get back into semis. Pretty much all the semis are moving up, CYMI included. I had averaged down with CYMI at 6 1/4 but sold that lot at 7 1/2 (been CYMER'ed once too many times to trust a rally). Turns out I was wrong. I still don't have a good feel on semis yet, and may just by some protective PUTS here or sell some Calls. On the other hand, when you just don't have that "good feeling" is usually when the stock skyrockets.
Elroy Jetson: I'm curious what your views are here. You seem to have a good feel for the "pulse" of this whole sector. You buying yet? Have you seen the bottom? Retrenchment soon?
BTW, I'm new and its good to be on board. I have been long CYMI over a year, and this board has helped me "stick it out". Of course in hindsight, that was not a good thing to do, but oh well. Curly's optimism always gave me hope, but where is he now?????
Anyway, thanks all.
Mark |
