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Pastimes : ASK Vendit Off Topic Questions

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To: DepyDog who wrote (484)	5/31/1999 10:30:00 AM
From: Vendit™	Read Replies (2) of 19374

Good morning Depy, Good news, the charts server was up dated so here goes. Re: CMGI William's R% shows a bottom was made and a new trend up has started. askresearch.com Stochastics is also on the verge of a buy signal which will be when the black line makes contact with the green line moving up from underneath. A close on Tuesday of any where from unchanged to up any at all will cause this buy signal to occur. askresearch.com ROC which is a trend indicator moved back positive on Friday. This is a signal to take a medium term long position. askresearch.com There is not yet enough momentum built up to make the stock move up explosively but it is possible by Thursday to trigger MACD's buy signal. Upper resistance is at $109. Lower support is at $91. A move above $109 would clear the way for a move to $125ish. Support is very solid at $91 and I would not expect a move lower is technically possible at this time. The nice elongated and white (open) candle that formed on Friday suggests a move up on Tuesday. The bottom line is it looks like an excellent time to buy CMGI. A move to $125 looks highly likely in the next week. From there we will need to take another look. I hope this helps, Vendit

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