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Technology Stocks : Cymer (CYMI)
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To: esl who wrote (22797)8/3/1999 5:13:00 PM
From: Darryl Olson  Read Replies (1) of 25960
 
If you look at the daily chart it appears there was an effort to take out some stop losses at $30. Afterward there appeared to be slow, methodical accumulation for the remainder of the day with a small buying flurry during the final half hour.

When volume is light, as it was today, there is more opportunity for price fluctuation from day traders, shorters, MM's, etc. Of course, this is purely my opinion and it is not based on any significant technical analysis on my part.
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