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


To: James Thompson who wrote (8836)5/26/1999 7:24:00 PM
From: Scarecrow  Respond to of 19700
 
RE: In support of jackhatch, why don't we agree that TA is an inexact science

I think that's what USRX888 and I are vigorously contending. And we are doing so in the face of his contentions that he is, and I'm quoting here, "CORRECT!" Your statement that TA is an inexact science is absolutely true. Unfortunately it offers no support to jackhatch who is continually contending that his specific and precise TA is "CORRECT!" when reality tends to "suggest" otherwise. Trying to predict the next tick (or hour or day -- whatever) is foolish with any stock. However, out of ALL the stocks to try to do this with, CMGI -- with its insane volatility -- has to be the LAST stock in the world you should try to do this with. With CMGI, it's worse than a foolish thing, it's absurd, nonsensical static.

that deals with estimates and general trends.
Well, then why is this jackhatch (I resisted that for at least three posts, people) trying to take a single data point and draw a slope curve? If you are supposed to use it for trends, why is he trying to pinpoint specific prices and times?