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To: Daniel Pomp who wrote (16273)2/27/1999 1:07:00 AM
From: Trader X  Read Replies (1) | Respond to of 17305
 
re: CYMI... I reserve the right to change my mind at any time.

since the stock did a remarkable recovery today, AND the price is at the bottom of a trendline going back to last Oct. lows, we could see a technical bounce in the price. If she recovers above $24, then we could be in for a much larger jump like what happened at the first of the year. It's still vulnerable to further softness, but today makes me think a bounce is coming next week. Bargain hunters may start to scoop it up at this price and start a short covering rally that picks up a head of steam.

TA is an art you do on the run, and update daily. That's why I don't comment on any stocks I haven't been following for the past couple of months. I watch a couple dozen and let someone else take care of the rest.

TX