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Strategies & Market Trends : Bottom (and Top) Pickers, Unite!

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To: Teresa Lo who wrote (137)1/19/2001 5:38:37 PM
From: minorejoy2000  Read Replies (1) of 214
 
Teresa,
Could I get your view as to whether you agree with the following taken from the CMGI thread, please? And if you do, does the conclusion regarding the pattern follow in general?

To:Bosco who wrote (18844)
From: John Curtis Friday, Jan 19, 2001 3:14 PM
View Replies (1) | Respond to of 18846

Bosco, et.al.: I've been primarily lurking where CMGI is concerned. Monitoring the equity looking for a possible traders type play off its bottom. So far I'm still on the sideline but I must confess. Today is one of the strangest trading days I've seen in some time. ~14.5 Million shares transacted; and on some institutional sized blocks, and this equity has been absolutely flat-line nailed to ~$5.59 x $5.62 or so. All on a $0.03 spread, too....
MOST peculiar.

Regards!

John~

To:John Curtis who wrote (18845)
From: KG4 Friday, Jan 19, 2001 4:53 PM
Respond to of 18846

<<MOST peculiar.>>
It's called : Accumulation
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