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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (36286)1/11/1999 3:15:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Happy, I thought AOL would get a spike up & reversal, but this formation is even more negative, it's a failed fifth wave. I don't expect it will go above 160. I sold out and went short today (CMGI)

This is also negative as this is the bellweather internet stock and is not making signficant new highs with the rest of the group.

CMGI is absolutely vertical and has no support for 80-100 points below where it is today.

Velcro B over and out for now.

bb