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

To: Raymond who wrote (16980)	3/9/2000 2:42:00 PM
From: Raymond	Read Replies (1) \| Respond to of 19700

It is fun to watch! Looks like we are about to break the intraday high.

To: Raymond who wrote (16980)	3/9/2000 4:32:00 PM
From: adsorb	Read Replies (2) \| Respond to of 19700

Raymond, Take a look at the chart on a 1-minute base scale. What you'll see in many circumstances when the volume is big (or better yet - "expected" to be big) is a periodic pattern of highs and lows, repeating clearly over several cycles. You have the undivided attention of real-time daytrading activity, "synchronously" (perhaps started by kick on CNBS, or other event) driving the price and expecting the 15-minute delayed crowd to react to the impulses. For "textbook" cases see below: Take a look at NETP about 15:14 and then 15:33. Good for a point for daytrader. No fundamentals or much thinking necessary. TXCC : look at volume "impulses" starting at 15:00. CDTS : short and refill starting 15:36. MM presumably know this trick well. I just discovered it recently by staring at charts - like you.