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Technology Stocks : CMGI What is the latest news on this stock?
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To: Douglas V. Fant who wrote (2843)12/15/1998 11:45:00 AM
From: Ron Kline  Read Replies (1) of 19700
 
Yes you are correct on placing buy and sells near MA's. But the market makers know this so if too many stops are set at the MA they will clear them out and close the stock back above the MA, or buys placed too close above the MA can be bought only to find it's taken below on the close so be aware of this.
Ron
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