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


To: mike who wrote (8586)11/7/1997 12:14:00 AM
From: Beachside Bill  Read Replies (2) | Respond to of 25960
 
GLOBEX futures aren't pretty either:

cme.com

May look better in the morning. Waiting to reenter long on CYMI.



To: mike who wrote (8586)11/7/1997 12:57:00 AM
From: Jess Beltz  Read Replies (2) | Respond to of 25960
 
Wall Street may open down, but won't stay there based on the news out of Hong Kong (i don't know about the 4% slide in the Nikeii.) the big losses here have been in the property index and the financials (because of their exposure to the commercial property market.) everyone here has seen this coming: my futures traders have advised against any long positions since the crash two weeks ago, although i made a little on one long play on a wall street rebound. i think wall street is now much less concerned about how the Hong Kong property market can actually affect companies or the economy in the US. for Cymer longs, if intel posts good numbers tomorrow, it will give a factual affirmation to the proposition that the day is dawning on a new 2-3 year bull run in the semi industry. Good news out of intel will blow away any morning bullshit from Hong Kong. I think that other than the shareholders who have lost some value here today, even Hong Kong is not that worried about what's happened here. I get no sense of panic right now. the situation in japan may be more troubling, but i don't know about that.

any thoughts, THC?

jess.



To: mike who wrote (8586)11/7/1997 2:18:00 AM
From: Shakush  Respond to of 25960
 
mike, yeah I'm watching, but that's all. I tried to enter the S&P mini on the short side this afternoon on a stop and missed the number. Hate it when that happens.



To: mike who wrote (8586)11/7/1997 3:17:00 AM
From: Curlton Latts  Read Replies (1) | Respond to of 25960
 
HK's down tonight. Hey Great! CYMI has had an inverse reaction to HK. Last week HK was up big; greatest % gain in 24 years; since 1973:

www4.techstocks.com
biz.yahoo.com

CYMI traded down on that.

If CYMI reacts inversely like it has, this could be scary for Mr. Wild Reckless 3.6 Million Share Shorter. He might stampede himself out of this stock and cover.

Good Luck To Each And All

Curly
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