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


To: Rob C. who wrote (22098)5/24/1999 7:33:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Rob, congratulations, I thought the sox was going to blow through, but I was deadly wrong, the only one I was "lucky" with, from my May 5 foray back in was NVLS which I sold last week near the high, but then I turned around Friday and bought it back thinking I am very smart to buy it six bucks cheaper, well today it got even cheaper (g). I got out of CYMI today just under $20 when it was evident it will not close above $20. Oh, I still hold RMBS, VECO and AMAT, the only loser there is VECO, but barely. I actually expect a very strong rally to start here, the tick got too negative, IMHO, and we may have at least a good bump. If not, I'll be stopped out.

I am not sure CYMI will go as low as $16, if it does, and I think the real SEMI rally is ready to resume, I may jump back in. An interesting note is that the BTB "might" have peaked at 1.28 it is down from last month. Something to watch, particularly if the next BTB is below 1.28.

Zeev