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


To: Paulh who wrote (17737)4/16/2000 8:32:00 PM
From: Sowbug  Read Replies (2) | Respond to of 19700
 
My portfolio is CMGI, AOL, and YHOO. I also do position trades here and there.

I'm down 74% from my portfolio's January high. I feel terrible.

I'm sharing my feelings because my sentiment has proven a pretty reliable contrary indicator for the last 2-3 years. Judging from how awful I feel, we are probably within 10% of the bottom. I expect a brutal selloff Monday morning by people hit with margin calls, and then a strong rally in quality stocks by 1:00 Eastern Time. In my opinion there's a better than 50% chance that tomorrow's NASDAQ close will become the new record for a single-day point gain.