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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (17136)4/24/1998 11:26:00 PM
From: FJB  Read Replies (1) of 25960
 
Zeev,

I hate to question your TA abilities, but back on the day after earnings last Q(Jan. 30, 1998) you predicted, "Short term, I think that the stock action today actually stunk, it opened at the day's high and I think there was a lot of distribution. My next two to three months forecast is still for 13 or so. And that, has nothing to do with my very positive long term outlook."
Message 3307396

I'm not a believer or practioner of TA to begin with, but what is the basis for your current forecast. If you could go into greater detail about it, that would fabulous. I'm not sure I understand the principles involved.

TIA,

Bob
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