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

To: sammaster who wrote (18273)	6/25/1998 11:14:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 25960

Samir, I am not sure we will dip down either, but right now, I see few weeks of strength and then reestablishment of Asia as a trouble spot. I think it will take that much for the "Maginot" line in the Nikkei to be pierced. I also think that Japan would go all the way to the edge of the abyss before they take serious steps to correct their system (if they can). I also think that Rubin is not going to step in that fast on the next rescue mission for the yen, and may wait until the yen reaches 156 or so. All these together are shaping up (with few other technical indicators , the current space not being sufficient to outline all of them, but particularly the need of closure of some semi capacity before we can start a new bull move in the semis), to bring my turnips to the conclusion that after this rally exhaust itself, the reckoning might be more severe than currently anticipated. Zeev