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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: uclatrader who wrote (25228)	4/12/1999 2:09:00 PM
From: Judy	Read Replies (2) \| Respond to of 50167

Hi shuo, something to keep in mind .... when a dominant long-term trend has been established for a stock, it remains intact unless the fundamentals change or the external market/sector context reverses. The movements in between are flux. Recall I posted the trend should reverse up for cmgi when one of three things would occurr: split announcement or new IPO or LCOS deal settlement. Two of the three items occurred, the stock reversed up and the hoopla during the last few weeks was noise. I was serious about the dot-to-dot trend lines on charts.