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

To: Steven Angelil who wrote (8487)11/6/1997 10:48:00 AM
From: TideGlider  Read Replies (1) | Respond to of 25960
 
Much of the lack of movement is do to day trader that flocked to
the stock because of it's volatility. They sucked the life out of
it by trading it all day. I don't want to hear about how they all
sold at the high. They dump for the quickest return and wait for the
settling. Then buy and dump again. Need big news to break a trading
rut. Did you check out CNTO? That can not be slowed by trading. Too
much big news and more coming. It is over 52 look how it is moving.
Just like some of the others that moved for twenty pts.

Bruce



To: Steven Angelil who wrote (8487)11/6/1997 10:53:00 AM
From: Robert DeHaven  Read Replies (1) | Respond to of 25960
 
There is just a tremendous amount of day trade shorting going on...short & cover ...short and cover. The dealers absent of any real size orders take a few thousand at the bid and then back off (reduce their bid) sometimes 1/2 point or more....its a game and its really a NASDAQ specialty and we are all losing $$$ till some real buyers step in.

The waiting is the hardest part........

Good luck.

Bob


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