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


To: Steven Angelil who wrote (9217)11/12/1997 10:53:00 AM
From: D.J.Smyth  Read Replies (1) | Respond to of 25960
 
fed comes out with rates today. hopefully this will give the market a boost if no change. as far as 17 1/2 - can only tell you what the screen says on stochastics, you can predict the price



To: Steven Angelil who wrote (9217)11/12/1997 11:31:00 AM
From: Yakov Lurye  Read Replies (1) | Respond to of 25960
 
Steven, the reason I am watching AMAT is because it is a good proxy for equipment makers. It is trying to make a double bottom. My premise is that CYMI's price has already adjusted for the effects of increased float, now the stock is trading with the sector, albeight as a "weak sister". If the sector goes up, shorting CYMI will become really risky.

I want to increase my CYMI position. Since my cash is very limited and I can't afford the risk of buying on margin, I'll have to sell something else, so I keep watching the tape.

Your position seems to be different - you plan to hold CYMI and do not want to buy more. You may save a lot of nervous energy by watching the quotes less frequently - unless, of course, you enjoy watching the action.

Looking forward to a happy ending.

Y.