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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (26809)9/23/1999 2:01:00 PM
From: Dominick  Read Replies (1) | Respond to of 99985
 
Benkea:

CMGI's high was 4/13/99,(AOL 4/6), is now in an intermediate
downtrend based on a weekly and daily bar chart.

It's around the middle of the trend channel and has been in a narrow trading range since 8/18. IMHO, until it shows signs of strength or weakness to indicate which direction its headed you could play the trading range with stops.

This not advice, just my opinion.

Dominick