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


To: Curlton Latts who wrote (19435)9/8/1998 4:51:00 PM
From: Elroy Jetson  Respond to of 25960
 
Time will tell. Zev mentioned 8,000 which Ed Yardani cited as the top of the trading range 7,400 to 8,000. We closed at 8,021 a mere 21 Dow points above this trading range. The rest of the week will determine what is what.

You could have purchased a big cap stock like Cisco today at the open, (due to the futures) gapped-up 4 1/2. It closed up 5 3/8 which would have netted you a mere 7/8 of a point for buying into today's rally. Money Market still feels right to me until this sorts out more.



To: Curlton Latts who wrote (19435)9/8/1998 6:33:00 PM
From: Jim DuBois  Respond to of 25960
 
Maybe. Maybe not, if fundamental assumption is lowering of fed interest rate.

www2.techstocks.com

Jim



To: Curlton Latts who wrote (19435)9/9/1998 5:21:00 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 25960
 
If you have not read the full text of Alan Greenspan's comments at UC Berkeley, they are well worth reading. Great insight into how the Fed looks at Asset Bubbles vs Deflation. and our stock market.

bog.frb.fed.us



To: Curlton Latts who wrote (19435)9/9/1998 1:16:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Curly, what fault do you find exactly in my Mauled Turnips? A small knee jerk rally after close to 2000 points decline in the Dow?

As for CYMI, it is acting weaker than the SOX, and thus the target of $8 or thereabout is not so far out, it sure could happen, IMHO .

Zeev