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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: janie who wrote (19632)12/8/1998 11:42:00 AM
From: Jenna  Read Replies (4) of 120523
 
CMGI.. bullish It's got one of my favorite chart patterns a strongly uptrend stock with McClellan Oscillator, Chaikin Money FLow, MACD, OBV all bullish. Relative Strength positive Demand Index positive... and the bonus: The stochastics are OVERSOLD. the stochastics are only 14 and 30. Looks like the 'smart money' is staying in CMGI and the panicky crowd is leaving. That's why I like to watch the negative and positive volume index.
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