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

To: Olu Emuleomo who wrote (526)	5/29/1998 2:15:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 19700

Olu, You're right, there's nothing wrong with being a momentum player if you know how to do it, stick to your philosophy when it goes against you and have traded for some time. Many of the momentum players I see play the stocks on the way up, but get too emotional and don't bail when it goes against them. I consider most of the people who bought KTEL "momentum" players. So I think we're just talking semantics. As for CMGI, it may have broken, but I usually wait for it to start trading below for some time. It could still rally back. The big question mark is whether yahoo will lead the sector down. It's also testing it's 50.