Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tulvio Durand who wrote (9985)	1/28/1998 1:08:00 PM
From: Ms. X	Read Replies (1) of 95453

Tulvio, Looking at Cymer: It currently is sitting at a spread triple bottom at 14.5. With the relative strength being weak (with the last signal being a sell signal) and the stock still trading well below its bearish resistance line; I would wait for a buy signal before considering any new positions. Look for a move to 18 to break a spread quadruple top. If it breaks a spread triple bottom first at 14, it would be a negative sign. Daily and weekly momentums are positive so it looks like it shouldn't break this triple bottom but wait for the buy signal just in case. Jan

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