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


To: Jess Beltz who wrote (6200)10/24/1997 4:46:00 AM
From: Jess Beltz  Read Replies (1) | Respond to of 25960
 
<offtopic> The Hang Seng closed up 718 points today (+6.89%) and so recovered about 60% of yesterday's loss. One hell of a dead cat bounce. I think there are still problems here, and the market may retreat some more, but most of the bloodletting took place yesterday, and a lot of pure panic selling took place. The HK Monetary Authority will NOT go off of the peg for the forseeable future and look for things to quiet down here significantly. I think this bodes well for todays action on Wall Street. In addition, the tech sector has been murdered for the past two weeks. We are in position to catch a nice updraft. I'm thinking of buying at least 1,000 more CYMI at the open tomorrow.

jess.