Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (4202)	9/30/1997 4:52:00 PM
From: D.J.Smyth	of 25960

so, Steven, what's your take on today's action? apparently there was some short term traders moving out of the stock after giving support to it at $25, but many more moving in. Monthly oscillation is showing a clear sign of bottoming and no reversal there. The 15 min 27/19/9 pattern showed a peaking at $27 3/16, but then during the day, it turned around and began heading up again with no sign of peaking in sight. This was good to see. I believe the stock price would need to move back to $28 in order for the oscillation on a monthly basis to show a definite bottom. If this occurs, then a certain amount of programmed trading could kick in kicking the stock higher all things being equal.

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