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


To: TideGlider who wrote (18504)7/15/1998 8:22:00 PM
From: Scott Violette  Read Replies (1) | Respond to of 25960
 
Tide,

Come on! You have been around here for a long time. I do not completely agree with Acidman's notes but, try to find the truth in what he says and value his input. We need more bearish commentary on this thread for an alternative point of view. I am very long and will sell my shares right after Curlton does.

Acidman,
Most of the movement was in the afternoon. Retail customers (90%) place their orders before the bell and are executed within the first two hours. So, "smart or big money" was doing the moving. Mutual funds and market makers are aware of people like you trying to track their moves and they purposely conceal their movements unless there is a true panic situation. Your analysis is interesting but, it must be taken with a grain of salt and other indicators.

My two and half cents.