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


To: JR who wrote (13126)1/27/1998 12:07:00 AM
From: Starlight  Read Replies (2) | Respond to of 25960
 
JR - That's an interesting site. This point is very important:
>>>Accumulation/Distribution is another technical indicator that I use. I like an A/D of at least 70. Stocks with the highest values are those which have the most volume on their up days, which indicates money is flowing into the stock.<<<

CYMI has an A/D of 12!!! Not a good sign. Also, they're releasing earnings on FRIDAY after the market closes. Another BAD sign. When earnings are released after the market on a Friday, a company is usually hoping everyone will forget how bad they are by Monday. I'm not saying that this will be the case, but it's quite often true. I'd be very careful about jumping in here. (Of course, the market might have already discounted bad earnings.)

Betty