Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (19964)	10/22/1998 10:03:00 PM
From: Greg Jung	Read Replies (1) of 25960

Zeev - how do you get 14.5 as resistance? With my lay tulips I see overhead likely at 15 (previous floor), yesterday price crossed the 50 dma and 10 dma may rise above 50dma soon if we maintain the trend. 200 dma at 16-17. Passage from 15 to 12 level was swift which means an air pocket in my garden. We just paused at the 12 level consolidation from Aug30-Sep8. Market is buying everything that isn't retail clothing, all my stock research went to waste 'cause they're all bid up. All the liquidations from the market decline are getting fed back in, fund managers not showing fully invested after this run will get fired. 10 dma crosses 50 dma we have official momentum (up) stock. Nazdaq is also approaching its own 200 dma - dow, sp sitting on theirs. When I bought my double I added a MU short for balance. Now MU is well above its 200 dma, how much steam do you suppose semis can expend (how much hot air in the analysts' comment? How many angels on the head of a pin?) Greg

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