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


To: Mr. Aloha who wrote (18051)6/12/1998 1:19:00 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 25960
 
Aloha, we're close to your "$13 entry point" on Cymer you talked about last Fall, and now you're getting skittish and talking about strong support at $15.

In my opinion, the very best thing that can happen to this market is for the Big Cap S&P 500 / DOW continue to break to a new lower base. Smaller stocks like Cymer have been sliding since August, and mid-cap growth stocks have been sliding since April. It will be tough for smaller stocks to go up while the S&P stocks decline, yet there's little if any upside on S&P. The largest 100 companies in this market are too expensive and the rest is too cheap. The top 100 need to be whacked to put a lift back into the general market.