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


To: Pierre who wrote (18770)7/27/1998 1:15:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Pierre, my pain threshold is the low of 14-7/16, it is tough to go through these retrenchements, particularly that the stock is exactly where I bought it few weeks back, but I am not good enough at this to win all these short term trips. Early last week I posted that I expected weakness and expected a reversal by Wed. afternoon, as it often happens with those "short term calls" I was quite wrong. Today we put a fifth day in a row of a tick lower than -1000 such uniform bearishness happens rarely, and most often at major bottoms. The fact that it happened after a string of 9 updays in the NAZ, gives me concern, but no panic yet.

Zeev