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Technology Stocks : CMGI What is the latest news on this stock?

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To: mp who wrote (2754)12/4/1998 10:47:00 PM
From: Magnifique  Read Replies (2) of 19700
 
Mp, I like your attitude in regards with downside, when you say almost minimal...... although I see on the chart 61-62 as a bottom, but nobody said that it will be the one...now as disciplined trader/money manager, let me suggest that statement... holding through hell is a sure way to disaster and ,I am not talking CMGI,just as an example...if you bought something and it is 8% down from purchase price,step on your EGO and let it go..... either your choice is bad or timing ..It will save and make you a lot of money, do not try to prove to the market and people who have significant advantage over best information that you can get, that you are right... Just admit the fact and look for next opportunity.... In regards with CMGI, present pattern is poor, but it will hold the support and will announce split mark my word...Good luck.. Magnifique ,sorry for long lecture, but I know very well what I am talking about..
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