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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (11707)	12/18/1998 1:38:00 PM
From: Dennis J.	Respond to of 34811

CMGI still a buy? I believe yes. BWDIK. Please get a confirmation from Judy, who is far more knowledgeable on CMGI than I. Looking at the charts, P&F shows a breakout to a new high. Will it settle back to create a buying opportunity? Perhaps. But you create a risk of missing it entirely, too. Perhaps Jan can help you here. Or you could buy some here, hoping to add more later. The daily chart since last July looks like one of William O'Niel's cup-and-handle formations. Or perhaps, a BSB (ala OJ). All, just my opinion, of course. Good luck. Dennis