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

To: Mark Peterson CPA who wrote (12412)	8/6/1999 8:58:00 AM
From: gizelle otero	Read Replies (3) \| Respond to of 19700

CMGI "Technical Rap" - by Gizelle (from Raging Bull) Hi Guys! Well, this morning's employment report certainly threw a wet blanket on our little party. While we had a great day yesterday, today the skies look cloudy with a threat of rain. Hang in there, but bring an umbrella...just in case. Technically, there is no sign of an upturn yet. The CMGI chart shows every sign that the stock could easily go lower. My best hope is that we can begin to stabilize at these levels and perhaps pull out of this tailspin before we hit the ground. Remember, the chart does not respond to one day moves, so we will certainly have to see what next week brings before we have a clearer picture. Will you let yesterday's glee turn to today's gloom? This might be your chance to stop trading on emotion and start trading based on facts. CMGI stock is still deeply oversold. Eventually, that situation will change to our favor....all trends eventually reverse themselves. It takes more than a day to make real money. Hang in there and have a great weekend.