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


To: bobby beara who wrote (10078)6/14/1999 5:34:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 19700
 
Buying climax?

I remember saying when NTBK was up 75 points that when a stock like NTBK gets bid up 75 points, you know the parties almost over.

And that was the top of many internet stocks. Of course, I like others continued to trade net stocks on the long and short side, but you just had that feeling.

Selling climax? We're close, we're close. It's just that w/ CPI, FOMC, etc. it isn't just price movement. Any unpredicable news can throw everything out the door.

>>>Nelson, all those stock had many up days of such measure without a buying climax, now the the psychology has changed from mass greed to mass fear, how do you measure the capitulation phase?<<<