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Technology Stocks : CMGI What is the latest news on this stock?
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To: Scarecrow who wrote (962)8/2/1998 4:24:00 PM
From: Jeff Jing  Read Replies (1) of 19700
 
What's ahead for CMGI?

Regardless of whatever fundamental is here, based on my technical analysis, if CMGI breaks down 60, it heads to 40. If CMGI holds and/or breaks out 90 (+2), then we are heading to 110. I feel that there will be strong resistence at 90.

I use technical analysis to determine my entry and exit point, and I could be in and out based on that. Long term I will have CMGI in my portfolio all time unless fundamental changes.

Experience tells me that the first sign of fundamental change will be reflected in the stock price.

Good luck,
Jeff
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