Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: D.J.Smyth who wrote (7373)	10/30/1997 5:56:00 PM
From: rsc	Respond to of 25960

Darrell, What you say makes sense: as long as the analysts ignore the facts and MMs control the price, CYMI will not reflect the coompany's fundamentals. Now let me show my ignorance. It would also seem to make sense for the MMs to let the price rise as it could and should. Certainly a lot can be made riding the stock up and down, one point here, two points there. But it would seem that even more money could be made riding it up ten, down three, up five, down two, and up another ten. Let me know if this is wrong. I wouldn't day trade consistently without having Level II. Maybe that's the only way to make money these days. That . . . or patience? rsc

To: D.J.Smyth who wrote (7373)	10/30/1997 5:58:00 PM
From: Gary Hoyer	Read Replies (2) \| Respond to of 25960

One definition of THE BOTTOM I heard the other day was from some broker or portfolio manager on CNBC the day of the crash. He basically said the BIG money is waiting for the real bottom. That point when the longs throw up their hands in frustration and say they give up. That point where they say get me out of this #@%$# market at any cost. It is then that we have hit the bottom and it is then that their Tonka trucks move in to load up the shares. Wondering when to average down...AGAIN! Gary.