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


To: acidman who wrote (19187)9/1/1998 3:10:00 PM
From: acidman  Respond to of 25960
 
I think what we are seeing and will see this week is shorts covering and small investors geting back into stocks due to their false reasoning that we hit the bottom. We had a couple of bounces like this before and alot of people learned their mistakes. So this time I dont think we will rally as much as we did before. One thing that I did notice overall is that trade sizes are getting smaller. Sujesting that the funds have already dumped and now all that is left are the small investors. This is pritty bad considering what will happen when the average investor learns that no one wants his stock. I belive this downturn is much worse than people would like to think and has caused Cymer's fundamental to deteriorate. Being long on Cymer is a mistake, but it is a good trading stock.



To: acidman who wrote (19187)9/1/1998 3:16:00 PM
From: acidman  Read Replies (1) | Respond to of 25960
 
Things to come: csf.colorado.edu