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: DAX KIMPO who wrote (16119)	1/28/2000 8:13:00 AM
From: Mark Peterson CPA	Respond to of 19700

DAX, you know what? You're right. After perusing the DELL, QCOM, CMGI, and JDSU threads both here and on RB during the last 48 hours, I definitely get a sense of retail investor anxiety in the market. Lots of woulda, coulda, shoulda's. People looking for support points on whatever charts they consult. The fear is not there, yet. But it's close. Just lots of regrets. But when retail investors become fearful, that'll be the buying opportunity for those who want to add to their positions. But I'm a real lousy market timer. I'd rather just carry the position, hedged to a reasonable extent, and be sure I'm in the market, net long deltas. And if I have the good fortune of buying at "fearful" prices, well that's fine. Lots of retail selling yesterday in CMGI. But also noticed a few 10,000 share block buys, which I equate to the informed behavior of smart money which has also decided that they like the CMGI story and it's better to be "in" now than to wait for confirmation... JMO, Mark