Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Debt Free who wrote (21523)	3/28/1999 12:55:00 AM
From: Curlton Latts	Read Replies (1) of 25960

Technically the stock appears to be acting great and we are quite likely on the cusp of breaking to new high ground. Take a look at the stock in this chart and note: Notice how the stock formed a basing bottom right before leaping upward to new high ground on Dec. 29. Also notice how the stock is forming a parallel basing bottom right now. The similarities between the EOM December and EOM March are eerie. techstocks.com Quite likely we are seeing window dressing by some very stretched Bear funds and hedge funds (ie Fleckenstein?). The pressure must be growing exponentially to get out and they're desperately doing anything to hold the line to not lose investor funds (a definite scary possibility for a short) by holding the stock down on reporting day. It is also interesting to plot the investor sentiment parallels from posts around Dec. 29 and now. It is also eerie in its similarity. Compare the post below from Dec. 29 (right before the stock kited upward) with some of the posts today. Doom and gloom predictions right at the wrong time. Message 7015978 Good Luck To Each And All Curly ~~~~~~~^^ [6.6] .....> [_]

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