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Technology Stocks : Cymer (CYMI)
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To: Ian@SI who wrote (21058)2/8/1999 10:36:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
Ian, we call it "whipsaw" in the trade. The trick is to absorb the hard hit to the ego, look in the mirror, say to one self "Idiot, you were wrong, jump back on...". Done it many times with CYMI and VECO, and quite few others, most of the time it works fine, and if you miss one move, there is always the next..

Of course, you can stay put through ups and down, but I do not have the constitution for that, I just don't like to be down 50% on anything for any period of time, no matter how short.

Zeev
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