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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jerry Miller who wrote (11882)7/19/1999 1:09:00 PM
From: pooh  Read Replies (1) of 19700
 
'net money may seek safety in big caps until November.

That's probably true, but from chart observation, the net is usually slow after the YHOO report, for a week or so, then take off until sometimes in August.

My guess for the cause of the down turn is also that because these big guys suggested that the market may get "real" slow in August, and that scare the position or short term traders. Daytraders, however, don't care.

pooh
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