Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: mauser96 who wrote (7519)	10/31/1997 1:14:00 PM
From: Mr. Aloha	Read Replies (2) of 25960

That's not necessarly true. We've seen a few large buys followed by multiple little sells that drove the price down. The Market Maker is just taking inventory of the sellers shares and get's freaked out when a session of sells comes through. Yesterday's close was a good example of the impact of more sell trades than buy trades but does not neccesarly(sp?) mean that the total amount of selling outweighed shares purchased. The TC2000 Balance of Power and Money Flow Indicators TRY to weigh the actual share pressure against each other and indicate whether the day's trades were positive or negative, regardless of the price action. They will make notations of "Accumulation" or "Selloff" in their daily commentary based on what appears to be happening inside of stocks they feature. Yesterday actually showed a positive green indicator for the first time in over a month. Yet, the price was down? I'm curious to see what's going to show up today. We'll just hafto see what happens...... Aloha

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