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


To: KM who wrote (5237)3/7/1999 11:43:00 AM
From: Gary105  Read Replies (2) | Respond to of 19700
 
Sounds like a good strategy. Imo, in trading this stock one should not wait for a sign that the upmove is temporarily over. Best to sell into strength The most vivid example is in January from memory (split adjusted):
Day 1 and 2 - Stock trades in $50- $60 range
Steve Harmon recommends stock
Day 3 Stock moves to 75
Day 4 Stock moves to 85
Day 5-6 Stock moves to 100
Day 7 - Stock moves to 135
Stock splits
Day 8 - Opens and runs to 155
1 hour later - Sinks to 87 1/2
Closes at about $100