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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Peter Blanchard who wrote (18789)	8/5/1999 2:56:00 PM
From: Susan Saline	Read Replies (3) \| Respond to of 43080

cmgi ... well between 120 and 130 is resistance ... and I am thinking aloud ... that we are bottomed ... and if the market has also decided that ... we will move up next week ... I looked at the last few years of indice history and we get a good one week rally in August and If this is it .... CMGI has resistance at 120 x 130 roughly that is how I come up with sell targets we must remember ... it is 'small timers' ... like us ... who work from support and resistance ... that ultimately rule the market ... it is not the institutions I mostly go out oon a limb ... when yakking ... but heck ... I can only be wrong or right ... just one persons opinion ... how many are there that say nada ... but think the same thing? only the market will tell us