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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (9044)11/11/1997 3:32:00 PM
From: Mr. Aloha  Respond to of 25960
 
People are freaking, margin calls are out and shorts are probably covering...

Aloha



To: TideGlider who wrote (9044)11/11/1997 3:32:00 PM
From: Steven Angelil  Read Replies (1) | Respond to of 25960
 
Bruce, if we closed flat or up today, the additional volume would have been positive for us longs. However, the stock is weakening as we speak, and I anticipate a close at or near the lows of the day. Yes, something is happening, more selling/shorting. The only difference I noticed today is that it seems the MM's are a little jumpy. Running orders thru to get the bid/ask, I notice that they have been moving the prices around a lot today, so something MAY be happening, but I will believe it when I see it.

Steve
hopefully, our max. downside from here is 5 points. OUch!



To: TideGlider who wrote (9044)11/11/1997 3:38:00 PM
From: giddy guru  Read Replies (1) | Respond to of 25960
 
//gg//

Bruce,

Nice observation. When the volume is enormous and the price is flat, it indicates reversal. Hope it is tomorrow.

/gg/



To: TideGlider who wrote (9044)11/11/1997 3:46:00 PM
From: IMPRISTlNE  Respond to of 25960
 
Stealth Buying

Have you ever seen so many sharks.....swarming around a sinking ship......??