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


To: Candle stick who wrote (10024)11/18/1997 2:56:00 PM
From: Andrew Brockway  Respond to of 25960
 
To All: The following from the AMAT thread:

Can anyone tell me if this means more business for Cymer?

techstocks.com

Thanks,

Andrew



To: Candle stick who wrote (10024)11/18/1997 3:36:00 PM
From: Yakov Lurye  Read Replies (3) | Respond to of 25960
 
Situation now looks similar to what happened in spring: once CYMI bounced off lower Bollinger (this time around 17), it ran up to the moving average (now around 22.5), drifted down from there, and after consolidation proceeded up all the way to upper Bollinger.

Today's action was to be expected - before moving up, CYMI must close the 20.75-22.25 gap. Based on my TA, I'd sold all CYMI shares bought on margin in the morning (got $22.25). Now I'd got optimistic again (maybe prematurely)and bought back in at 21. Hopefully, on Friday AMAT will tell everybody that business is OK, and Akins will do well in NY.

Happy investing, everybody

Yakov.



To: Candle stick who wrote (10024)11/18/1997 10:13:00 PM
From: LzzrdKing  Read Replies (2) | Respond to of 25960
 
CYMI, like many today, pulled back to the 9 DMA, on lighter vol. I have sold all but looking to get back in again. I think the bottom is in also, so pullbacks are buying oppy's in my opinion. I would be shocked if that low is taken out.