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Technology Stocks : Cymer (CYMI)

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To: D.J.Smyth who wrote (9216)11/12/1997 11:09:00 AM
From: Mason Barge  Read Replies (1) of 25960
 
<<stochastic reading is "2" on daily chart = extremely oversold>>

This must reflect the huge short interest. I don't think it's reliable at this point as an indicator of future direction, all factors considered, but could come into play as an indicator of upward momentum if the stock does come up.

It occurs to me that the shorts could conceivably hold onto their interest unless there is good news. I'm going to be very careful with this one.
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