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


To: ForYourEyesOnly who wrote (9167)11/12/1997 9:18:00 AM
From: LzzrdKing  Read Replies (2) | Respond to of 25960
 
As I have said before, the safest way is to wait for the technicals to turn positive. I would wait for the stock to clear the 21 day and/or 50 day moving average. The higher the MA, the safer. Another sign is to watch for a moving avg crossover, like the 21 day crossing over the 50 day. This stock needs to base for a while, lots of technical damage.

<<Mr. Lizard,

What would be a reasonable way to confirm that we have reached the bottom and start buying again?

This thing has been rather "bottomless", and I don't want to get my hands cut anymore.

Any advice would be appreciated.Mr. Lizard,

What would be a reasonable way to confirm that we have reached the bottom and start buying again?

This thing has been rather "bottomless", and I don't want to get my hands cut anymore.

Any advice would be appreciated.>>