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

To: Islander who wrote (2795)	12/9/1998 11:37:00 PM
From: FDHIII	Read Replies (1) \| Respond to of 19700

>>>>btw, does CMGI nearly always have a gap up in the morning? During the few weeks I've tracked CMGI this seems to be the case. Anyone have a view on this?<<<< yes.....actually this is one of the features of CMGI that makes it so great for trading......If CMGI is in an upward trend, (which it seems to be resuming)it gaps up in the morning sells off most of the gap and gets picked up later on in the day, or if it gaps down while in an upward trend it usually gets bought back later on in the day also. My stratagy is ALWAYS sell the gaps....they are free money....and if say I have enough money to buy 4k shares I will usually hold 2k overnight, if it gaps sell at open or premarket, OR if it gaps down or gets sold off I like to buy another 2k with the money I have left over....this has proved a pretty decent stratagy for me. best of luck- F~