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Technology Stocks : Cymer (CYMI)
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To: Patient Engineer who wrote (8545)11/6/1997 6:25:00 PM
From: Crossy  Read Replies (1) of 25960
 
Patient Engineer & all,
today's minor downward move on small volume (654tsd.) hints to me that the current downdrift is finally over. Larry Williams says "near the end of a decline, prices tend to close near their extremes". The fact that the current lowest local intra-day low of $21.5 was not violated and the fact that volume recedes drastically points me to my assumption that we have reached the bottom right now. IMO, this looks like APM in summer. Should be a wild ride up...soon on this channel <g>

regards
CROSSY
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