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

To: MtnMan who wrote (18517)	7/16/1998 12:01:00 AM
From: acidman	Read Replies (3) \| Respond to of 25960

MtnMan, my plan is to post the top 10 vol trades every day and see how they relate to the stock price on a weekly basis. The point is if that we start seeing most of the top 10 trades in the 100,000-1,000,000 share range, you can forget about my sell or buy label and just look at what is happening to the price of the stock. If its going up, then the "big boys" are loading up and its time to buy; and if its going down, then they are selling and it is time to short the pig. So far i have not seen this in Cymer, the trades have been on the low side. For example, the big boys are loading up on CD right now. I know that the lasers that Cymer makes is the future of chips. With the push back on 300 waffer tech and the planed move to .18micron technology due to the preasure from comp, Cymer looks brighter every day and will be my number one hold. The problem i have is that the tech sector had no reason to go up today. Things did not get better overnight. My logic is that Cymer was pulled up with the rest of the sector only to be draged down latter. My argument is supported by the large price change with the small trades, explained by short coverings and panic buying. The same thing happened to me when i bought at 18 after the first run down. I'm not making the same mistake again.