Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SJS who wrote (4062)	1/15/1999 1:22:00 PM
From: MulhollandDrive	Respond to of 19700

Unreal. bp

To: SJS who wrote (4062)	1/15/1999 1:42:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 19700

CMGI Technically Speaking. OK, I just took a look at the charts. Here is what I found. First, I was motivated to look at Yhoo's chart because Mark Fowler, a guy who has been right on the nutz, bout Yhoo today at 306. It turns out 305 is the 15 day MA for Yhoo. And, it also turns out that in the last 2 downturns, Yhoo bounces off the 15 day MA. I then check CMGI. Its 15 day MA is 84. Interestingly, on the last 2 downturns, CMGI never quite makes it to the 15 day MA. I conclude from this two things. First, that the correction in the nutz may be at an end: today could be the bottom (neither Yhoo nor CMGI ever retests a low) and that CMGI has better relative strength than Yhoo.