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Technology Stocks : Cymer (CYMI)
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To: Rob C. who wrote (22105)5/27/1999 8:33:00 AM
From: Jerome  Read Replies (2) of 25960
 
"I'm sitting on the sidelines right now" If you pull up the closing prices since the first of the year you will see that the year to date low was 16 on Jan 4th. A few days in April it traded at the 16-17 range, and for the most part it trades above 21. Cymer doesn't swing up or down as much as it used to, and this is reflected in the low option premium for calls one month out.

Its difficult to pick a bottom on any two month cycle, and its easier to buy as a stock breaks a key resistance point and then quickly retreats. Human Nature I guess.

Good Luck, Jerome
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