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Technology Stocks : CMGI: OT Exuberance

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To: HG who wrote (329)1/17/2000 11:58:00 AM
From: Carolyn  Read Replies (2) of 349
 
Hi, HG. Re CMGI, P&F chart say "Bear Confirmed at 48%" which means Red Light. Don't do anything now. It is below 50% so don't short it. It broke a double bottom on Jan 14, but so far no negative breakout, though this could easily happen tomorrow. Wait. Next support is 106. Tuesday will tell a lot.

(Still hobbling around on crutches. Thanks for asking.)
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