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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: beltfed2 who wrote (1318)8/23/2000 5:22:29 PM
From: cuda-71  Read Replies (2) | Respond to of 100058
 
beltfed2- CMGI news may have been lame but something is going on according to Thomson I-Watch 55-60% of volume was institutional. I don't know how accurate that information is on Thomson though. Cin



To: beltfed2 who wrote (1318)8/23/2000 5:41:57 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 100058
 
beltfed - lame story, but $2 bil market cap gain today.

All they have to do now, is to buy NBC in order to have national TV coverage for the brand new CMGI Field...in 2002.

Or should they better buy GE outright? LOL.

can't believe it, even if weekly chart shows a rebound on $34 1/2, SR at $50 and improving indicators.

stockcharts.com[L,A]WACLYYMY[PB12!B40!D12,2][VC60][IUB14!LA12,26,9!LD20]

Earnings are Sep 21, they could be in the starting blocks.
But, no. Not buying that rally on such news.