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Technology Stocks : Cymer (CYMI)

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To: pat mudge who wrote (17842)5/29/1998 8:52:00 AM
From: Zeev Hed  Read Replies (3) of 25960
 
Pat, I said the "bell was ringing" (VBG). My signal was the extreme negative tick. Of course some time it just leads to more extreme negative ticks, but coupled with an SI extremely bullish reading of the BTB ratio, and the short term oscillators moving toward positive (turned positive yesterday), I felt that a "temporary bottom" is set. The question is will this lead to at least a retest of the high 18' we are on our way, and the fact that a lot of selling occurred once we got close to 18 indicate to me that we have a good chance of continuing this move for a short time.

Zeev
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