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To: Glenn D. Rudolph who wrote (78804)9/28/1999 3:56:00 PM
From: KeepItSimple  Respond to of 164684
 
>I see the rapid fall LOL.

you see some rather transparent tape painting. Dow -200 to +1 in 30 minutes, on nothing volume.

give me a break.



To: Glenn D. Rudolph who wrote (78804)9/28/1999 4:30:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Glenn -- I stuck with CMGI today. I was rather busy and just thought why not. I don't know why the long bond sold off. It may be that the spike in gold is being taken out of context -- it is supply-demand driving gold and not inflation. BTW, this is good for gold. I expect and/or hope for a continued rally tomorrow and Thursday in the overall market -- and in CMGI. I may reposition a little before Friday and stay long gold but batten down the hatches for renewed selling of tech stocks on Friday. I think the utilities are oversold also -- but there is not much option action there -- unless I am missing something. All the best.