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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (3235)12/30/2004 1:21:00 PM
From: Walkingshadow  Read Replies (1) of 8752
 
Hi Reid,

As I write this (1:15pm ET), CMGI is trading up about 2.5% on the day, and is near the low of the day. Volume is even stronger today than yesterday.

CMGI is moving sideways going into the 2pm reversal period.

139.142.147.22

I think we will see a strong move in the stock between 2 - 2:30pm.

Most likely, the break will be to the upside, and CMGI will rally into the close, though there may be some profit taking very late in the session.

T
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