Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: TideGlider who wrote (9865)	11/17/1997 8:26:00 PM
From: Crossy	Read Replies (1) of 25960

Hi TG & all, just checked today's price action on CYMI and noticed a doji-candle (in candlestick "jargon" to unfold). This got some short-term bearish implications. Tomorrow's market activity should be crucial for CYMI's shortterm performance (this week). If it steams ahead, my worries are in vain. But if it just can't go higher in a friendly market (?) it would be a clear indication that some selling pressure (perhaps from MMs to "cushion" their option-exposure) exists. In this case I will sell my position, because I would think that we might see $19-20 range again (last retracement, I'm sure about this..) regards CROSSY

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