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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (19964)10/22/1998 5:54:00 PM
From: Judy  Read Replies (1) of 25960
 
Zeev, do note professionals sometimes take positions in the same stocks 31 days or more before they dump the more expensive shares for tax-loss selling so many beaten up stocks may have seen their lows already.

I currently view the next decent market dip as being a good opportunity to position trade on the long side for the year end rally which should occur earlier this year. Election year, potential Fed cut in Nov or before the year is over will buoy this market up before earning jitters in '99 ... maybe after Christmas.

What do you make of UTEK's price action today?
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