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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (24537)	3/22/2000 2:46:00 PM
From: Guy Gordon	Read Replies (2) \| Respond to of 25960

Resonable enough for a short-term trade. CYMI may have trouble breaking back above its 50-day Moving Average. But I think you sold too soon. If it does get back down near 50 I'd buy it back. Here's my chart: white-crane.com CYMI just bounced off the bottom of its long-term channel. It has lots of room to the up-side, and is nowhere near overbought at this point. Also, I see a lot of positive press about semi-equip makers these days. I think we'll have buying pressure. The only negatives I see are that we are in earnings confession season. But nobody really expects any confessions in the semi-equip area.