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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Mazama who wrote (8882)	1/20/1999 4:26:00 PM
From: MARK C.	Read Replies (4) \| Respond to of 90042

I'm not sure about guts. But I decided to buy my first INTERNUT stock today. I chose CMGI because it performs and has the ability to recoup loses quickly. It also has the ability to create huge loses very quickly ,like today. Down 3500+ in 20 minutes. I believe this market goes higher before it corrects significantly. Yet in hindsight what I did today was STUPID and detrimental to a daytrader. I am holding a very volatile stock over night in a shaky market. So now I am stuck with waiting for CMGI to correct and have that money tied up till then. It's that or take the loss, I am still betting I get out with a gain. MarkC.