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


To: DAX KIMPO who wrote (17299)3/16/2000 5:31:00 PM
From: Scarecrow  Respond to of 19700
 
Dax,

RE: This morning reminded me of last summer when it traded at about 65+ (before split) for an instant. It really tested the resolve of a lot of people, and it's good for the holders that are left. Looking forward for tomorrow.

I agree. The same dynamic can be found in the macro market at large as well, it seems. The action in NAVI is eerily simliar to what we saw 15 months ago in CMGI -- except the volumes are ridiculously low. The NAVI plunges look solely set up to pull out some stop-limit orders...

Regardless, the volatility (which looks like it will continue through Tuesday's speech with uncle Al) is enough to test the mettle of even the most dedicated B&Her (i.e. ME!). Some will call this the blow-off rally before the crash. Time will tell...

Hang in there, people!