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


To: Tulvio Durand who wrote (16437)4/9/1998 12:08:00 AM
From: Yakov Lurye  Read Replies (1) | Respond to of 25960
 
Re: similarities with January

So far, semiconductors sector and, to an extent, broader markets are following January patterns - sharp rise on the first trading day of the quarter is followed by a slide (I consider Jan.5 the first serous day of trading this year).

If the similarity in patterns continues, we'll see selling in semis for another day (maybe two), followed by a recovery starting next week and accelerating by the end of the month.

Regards,

Y.