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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (2163)9/23/1998 11:48:00 PM
From: Cyrus  Respond to of 7247
 
Some back ground reading. Could come into play in the not to distant future.

washingtonpost.com

Darrell



To: Tim Luke who wrote (2163)9/24/1998 12:03:00 AM
From: JEB  Read Replies (1) | Respond to of 7247
 
Tim,

What's your opinion on CMGI? Earnings are due out today (9/24/98) and the rumor is they will beat the market estimates.

Their chart:

timely.com

After hours trading showed the stock was firming up nicely. I am looking at this for a day trade and I will be watching for when the news comes out. How would you play it as a day trade?

Thanks,
JEB