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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (21285)	6/16/1999 12:20:00 PM
From: Ms. X	Respond to of 34811

Today probably answered most of your question Beebs :-) CMGI obviously reversed up but it is still on a buy signal. The sector reversed down and we will see how it looks tonigt. If the internets would do a little up and down movement, we would have a better look at it. Be that as it may, CMGI had really broken down and this move today really hasn't reversed the break down. I do think the nets are over sold and I look for some basing here. But, I've said that before and the nets just weren't ready. We shall see.