SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Butcher of Bagdad who wrote (16414)4/8/1998 8:15:00 AM
From: Butcher of Bagdad  Read Replies (3) | Respond to of 25960
 
Upper Bollinger Band " STRONG SELL" Signal on Cymer Today!

* The upper Bollinger band pass through to mid-range (red) band has been a reliable "SELL" signal on Cymer for the last eight months. We just went through the "red" band again yesterday!

The lower band has held as many times. This lower band will probably go to $16.00 by the time we get there. Therefore, we can expect Cymer to decline to at least $16.00 in the next move.

* Previous "SELL" signals have been followed by declines on the order of 10-40% in Cymer stock.

** Don't believe me? See the chart for yourself:

iqc.com

* Every time we have hit this mark (red band) after hitting the upper bollinger band, the stock has gone lower - - sometimes MUCH lower! This has happened eight times since September and each time it worked to sell your Cymer at that time.

*** Enjoy!

: - )



To: Butcher of Bagdad who wrote (16414)4/8/1998 11:24:00 AM
From: Sprocket  Read Replies (2) | Respond to of 25960
 
Mr. Butcher:

Sir, regarding your comment:

>> Looks like we have a saturated industry, Japan on the brink of financial collapse<<

A saturated industry? Would you call the auto industry a saturated industry? After all, doesn't just about everyone you know drive a car? Maybe even several cars? Yet, Ford still manages to eek out a profit (and quite a substantial one over the last several quarters). Isn't the soft drink industry saturated and competitive? Yet, take a look at Coke.

The PC industry in general, and the chip industry in particular has not even scratched the surface of its potential markets. To call the industry saturated at this point in time is incredibly short sighted. It is difficult to comprehend 10 to 20 years down the road the role that microchips will play in your daily life - but I guarantee they will be far more prevalent than they are today.

I understand your comments concern the very short term movements of the market, but for those with the patience to seek out companies that might benefit from these trends in the future (IMO), and the conviction to hold them through uncertain times, these comments seem quite silly.

Regards,
Ron