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


To: Yakov Lurye who wrote (9524)11/13/1997 9:58:00 PM
From: Rookie  Read Replies (3) | Respond to of 25960
 
re: Upcoming events that may affect CYMI: AMAT Nov.20 earnings

Looking at the intraday charts for today, CYMI and AMAT are nearly exact copies of each other. Looking further at the past week, they have pretty much mirrored each other on a daily basis.

In reading the AMAT thread today, I noticed a technician claimed that AMAT had formed a "hammer bottom reversal", just as Candle stick declared earlier on this thread.

I don't really follow AMAT, I just visited the thread because of other posts here which mentioned that AMAT had also fallen through its support level.

I suppose what this all means is that the AMAT quarterly report next week will greatly impact the CYMI stock price, especially if these stocks continue to mirror each other.

Has AMAT been shorted as much as CYMI? If so, might there be some covering before earnings are announced?