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 : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Probart who wrote (15972)1/24/2000 11:26:00 AM
From: stock_bull69  Read Replies (3) of 19700
 
Probart, I suggest you revise your buy orders as follows per post by Mulan, the RB CMGI TA expert:

Ta Update
jnatalie this is just part of the process of estabishing a base. We still could test the 112 level or run down to the 50day emva at 108.75 and still be within the normal parameters of a pullback.

With the low block volume on the downside today it looks like some margin related selling coupled with the options hangover giving us most of the trouble today.

It was certainly proven to us last year that this stock trades on technicals more than the news.

I wont babble on too much here since I keep saying the same thing over and over again aqnd I'm sure everyone is sick of hearing it but..I still have buys in at the levels I said I did and I still think things look OK at this point. If you want the stock to pound out new highs you will have accept this part of the process.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News