CMGI What is the latest news on this stock? Message Board

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

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To: g forrest who wrote (7040)	4/14/1999 10:46:00 PM
From: Brian Malloy	Read Replies (1) of 19700

Today was interesting; the S&P and DOW became unlinked-the action definitely signaled a 5th Elliot wave. Which way do we go? Tomorrow will show continued volatility. The bulls and bears will be fighting it out. Today was about sector rotation NDX top 2232, we ended the day down 77 at 2104 well below the ten day moving average. Support is 2100. We must close at or above 2100 tomorrow or the sell off will continue. The Inet index was down 23 to 331 and failed to make a new top today after topping out yesterday. Basically, the market is sitting on a razors edge. Focus less on CMGI tomorrow and more on what the indexes are doing. You will find the real story there. Regards

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