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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (12268)7/29/1998 3:52:00 PM
From: Jenna  Respond to of 120523
 
e-mail..SFNB, Yes, I've sold my position on July 20, but I will reenter it. Actually looks pretty good today, but I'd wait until the NASDAQ strengthened a bit.



To: Jenna who wrote (12268)7/29/1998 4:06:00 PM
From: Judy  Read Replies (2) | Respond to of 120523
 
Jenna, the 50-day ema is about 62 1/2 for CMGI and offers decent support. This corresponds with Jan's P&F stop of 62. I would not enter unless CMGI shows consolidation/basing at 65-66, previous breakout point.

Today's strong selloff in individual stocks is not reflected in the indices. Be careful.


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