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


To: bobby beara who wrote (36287)1/11/1999 3:27:00 PM
From: GTC Trader  Read Replies (2) | Respond to of 94695
 
<< went short today (CMGI)
...
CMGI is absolutely vertical and has no support for 80-100 points below where it is today >>

Is this unusual? So it was $110 last week and now it is $275 and climbing just five days later. My friends tell me that stocks always go up. (GGG)

Re. AOL << I don't expect it will go above 160 >>

It just made a new high at 163 3/4.

Does this change your outlook? Time to sell or would a stop loss a little below $160 be a better approach.

As always (even when I just lurk), thanks so much for your comments. Your wisdom and insight is much appreciated.

Best regards -- HB