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To: advocatedevil who wrote (2600)11/8/2002 1:13:36 PM
From: Jacob Snyder  Respond to of 13403
 
CYMI buy/sell plan:

sell short at 30 (just done), and in increments up to 50.

cover at 25 and 20.

go long at 10 and below. For reference, the 1998 low was 6, the 2000 high was 65.

CYMI moves with AMAT and the other semi-equips, and with the SOX, but is more volatile. It has nearly doubled (16 to 30), off the October lows, doing even better than AMAT.

The rally in the SOX looks to be tiring, after a 50% runup off the latest lows.

Currently holding short positions in:
cymi at 30
qcom at 36
cmh at 12
wmt at 54.5