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

To: Yakov Lurye who wrote (13761)1/30/1998 11:50:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
Yakov: I believe the action was very good relative to the general market.If the markets are up Monday there may be a good fast covering. The shorts have become acustom to many opportunities to cover. They are chancing a few more good days. Every day will be harder not to push the button.

JMO

TG



To: Yakov Lurye who wrote (13761)1/31/1998 8:16:00 AM
From: Zeev Hed  Read Replies (4) | Respond to of 25960
 
Yakov, I doubt the company was in buying yesterday, it is rare that actual buying follows the announcement in less than 24 hours, unless it is a "rescue" mission. No, when a stock gaps up and then is unable to go above that gapping action, and this is done with explosive volume, it is usually a sign that a lot of holders are itchy to sell (distribute). I am just calling it as I see it, and by now you should know I am not short the stock.

Zeev


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