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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (16478)6/8/1999 10:29:00 PM
From: stockycd  Read Replies (1) | Respond to of 99985
 
OJ,

You trying the daytrading bit??? I'm long this rocket. The (yellow canary) semi's didn't tank with the rest of the market today...We're going higher.

I think GZ is up to 6 SPX cont. and 12 bond cont. If that's not bullish, I don't know what is<GGG>

Maybe another day of this garbage--Heck, we can't go straight up! (can we???)<g> When bonds rally, the market will rally BIG TIME....The bond buying should start tomorrow. My system has the TYX heading toward 5.75ish this week...BWDIK.

CMGI--touched the downtrend line today and pulled back...a definite maybe though.

Later,
Chris



To: Jerry Olson who wrote (16478)6/8/1999 11:27:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
>>>i own CMGI..i love that stock...you'll learn to love it too...<<<

oj, i've traded cmgi numerous times, wish i had just held it from last november -g-

you only love it because it goes up -g- and it's only a great stock to speculators because of it's upward momentum.

i personaly would like to see another upleg in the internets because i can't short them in my retirement account -g-, but the bears are in control at the supply line right now and a follow thru to the recent bottom was lacking in both price and volume.

will cmgi be part of the 1 or 2% survival rate or will it be the internet BRE-X. How much due diligence have you done other than reading the chart and hype.

bb