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

To: 10K a day who wrote (18667)	12/3/2000 12:12:43 AM
From: rocklobster	Read Replies (5) \| Respond to of 19700

I would love to think you are right about this point impristine, but I have been thinking exactly that for the last four months and the shorts and put players have been making all the money. they say if you play the trend, your only wrong once on the way up and once on the way down...Otherwise, trading the trend is the only smart way to go... keep shorting bounces til the trend changes back up. Just like buying the dips on the way up.. Every single stock I watch and every index is in a maddening downtrend with no sign of botomming or even basing.. they all just keep makeing lower lows and lower highs... big problem I have is that it is becoming more apparent that it won't simply bounce back. Greenspan wont let it.. I believe if we did see any real bounce, then Greeny would just leave the brakes on.. It seems like he is definitely targeting the stock market here.... the play here would be to play this bounce .... long... then short it again for a lower low next week.. then play the anticipatory run into the election resolution, probably Dec. 18,, and the next FOMC meeting Dec. 19.... Everyone is anticipating an easing by the fed just like they did this month. I played that run into Nov. fed meeting long and sold all longs the hour before the announcement.. Problem is I didnt go short,, and kept trying to buy the dip all the way down to here.. Man that hurts... rok