Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scarecrow who wrote (12705)	8/25/1999 9:58:00 AM
From: Micawber	Read Replies (2) \| Respond to of 19700

>>The morning rally and the afternoon selloff are as predictable as tides and sunsets. Very, very predictable. That, to me, is the best indication of all that this stock remains a daytrader fave. If you're into trading, you could do very well by buying at 3:30 and selling the next day at 9:30. You accept the risk of overnight holding (which, of course, is anathema to a daytrader) and in return, you could get a $1-2 scalp 4 out of 5 days.<< Then how are the daytraders making any money? They are all buying high and selling low, day after day. One would think they would figure this out, and this trend would change, but as you say, it's predictable as the tides. So much for efficient markets.