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Technology Stocks : Cymer (CYMI)
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To: Mason Barge who wrote (9247)11/12/1997 2:08:00 PM
From: C E D  Read Replies (1) of 25960
 
<<<Can anybody who has a really good grasp of the theoretical foundations of technical analysis give a hypothesis on this?>>>

What good is TA when a stock like CYMI is trading with such an irrational basis. This reminds me of a definition of Chaos, "extreme sensetivity to initial conditions", does TA even cover the butterfly effect? I don't know what all the reasons are for its grossly oversold condition, but the company is solid and the street will respond to that in good time.
Regards,
Ed
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