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


To: Apple12 who wrote (20751)1/28/1999 9:33:00 PM
From: Shakush  Respond to of 25960
 
MS DUV Food Chain

Many here are familiar with it. The market cap weighted index composed of ASMLF, CYMI, DPMI, ETEC and PLAB made its 5th successive weekly (intraweek) high today, and barring a collapse tomorrow, has made the same number of higher lows. PLAB and to a lesser extent, ETEC have been working a little countertrend lately. Any ideas why?

It could be argued that the other 3 are overbought. But according to a price / volume calculation (called Klinger Volume Oscillator) that approximates Curly's money flow indicator, that is not worrisome just yet.

And should one worry about a 340% gain in the index since the week ending October 9?