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


To: Jenne who wrote (11198)6/30/1999 11:17:00 AM
From: Mark Peterson CPA  Read Replies (2) | Respond to of 19700
 
Jenne, a 50 basis point increase wouldn't surprise me. Maybe a 40% probability. A no change also wouldn't surprise me. Also a 40% probability. And a 25 basis point increase, a 20% probability.

The market is quick to prove everyone wrong and I've learned that I can control none of its dynamics, just react to them.

Best regards,

Mark



To: Jenne who wrote (11198)6/30/1999 3:32:00 PM
From: JavaGuy  Read Replies (1) | Respond to of 19700
 
Jeene, thanks for that post earlier, funny that Cramer was busy selling IBM this am. Many other view him as a great contra indicator, I am unsure. But he is entertaining!

<<If we get 25 basis points, that will not be enough. The selloff will be that much less buyable, the rally that much more behind us than in front of us, the put-buying that much more right today than wrong. Which is why it pays to be a cautious bull, taking outsized gains like those in IBM (IBM:NYSE) this morning >>

JavaGuy