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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Vol who wrote (9999)6/13/1999 4:18:00 PM
From: LarryCPA  Read Replies (2) | Respond to of 19700
 
I can't guarantee anything. If I could I would. Most of the chartists seem to see support in that area, but I'm not a chart reader so i can't really comment on that. Although 165 is the nominal high it wasn't supported, for my puposes I put the high at about 155 so for me the correction has a few more points in it before I get nervous.

I'm not margined in my CMGI account so I don't have the time constraints that you do. How close to a margin call are you? If it is imminent you may have to sell out some and hope that the correction is steeper, then buy back in.

JMHO

Larry