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Strategies & Market Trends : LastShadow's Position Trading

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To: BoNg-N-BoNg who wrote (20473)8/24/1999 9:10:00 AM
From: Susan Saline  Read Replies (1) of 43080
 
>>> Sue: are u still in vacation?? if u got a chance, can u look at CMGI chart? I don't like how it's trading lately and being a laggard compared to its peers.. AOL at 98-99.. should CMGI should be at 88-89 at this time too??

everyday is a vacation ... no?

CMGI daily chart is still in hold mode with stochastics buy/hold, and beginning of upward trend intact since wk of august 9

noticed yesterday ... while indices rocketed ... most of the nets did piddly and some even down. Didn't look to see what sector the money was flowing into, but it was not free-flowing into the nets ... so they took a 'safe breather' yesterday.

I don't really expect to see any rocketing till mid October, when consumer confidence in stocks continuing up will be in full force.

We had our nice buy/hold for a week time ... now ... must go read ike some more

sue

take care all, and have a great day!
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