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


To: Donald B. Fuller who wrote (25216)10/18/2000 2:34:12 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Hi don, I have stepped aside to watch how far this mania goes. I must admit, I do not understand the depth of this decline. I expected it, but was not ready for the last leg down and actually took losses on CYMI, and NVLS by getting in "prematurely". Once we turn (and I expect a turn, but I have last week as well), I think we can expect a good 50% move from the lows, so it will not be too late to wait for another retest or a decisive sign that this downtrend is over. I still have some LRCX bought just under $18. VECO is a slightly different story, but even there, I think that we may have another mini relapse later in the day.

Zeev