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


To: jackhach who wrote (8972)5/28/1999 10:20:00 AM
From: Scarecrow  Respond to of 19700
 
Based on the absence of volume in the first 1/2 hour of trading -- we are going nowhere fast!!!

Absence of volume? We've done 25% of the ADV in the first 30 minutes of trading on the day before a holiday weekend and that's an absence of volume??



To: jackhach who wrote (8972)5/28/1999 10:37:00 AM
From: jackhach  Read Replies (1) | Respond to of 19700
 
I just did some math of my own calculator (hint: which has a divisor button and all) and I've got about 20% of ADV in the first HOUR of trading.

Not very exciting at all!

-JH



To: jackhach who wrote (8972)5/28/1999 10:48:00 AM
From: scanshift  Read Replies (1) | Respond to of 19700
 
When stocks or markets go up they "rally", when stocks or markets go down they "break." Your term sustaining a break is confusing in your post because I think you meant "sustaining a rally." With a overall thin market that will become much thinner latter in the session today, one can play the pivot game and try intraday scalping from the short side under 96.5, or if it pops from the long side at 96.625. The objective would be to shoot for the high or low of the current intraday range.



To: jackhach who wrote (8972)5/28/1999 11:25:00 AM
From: Ken  Read Replies (1) | Respond to of 19700
 
are you short?



To: jackhach who wrote (8972)5/28/1999 12:50:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 19700
 
JH,

<The stock is "dead" in the water with ZERO chance of SUSTAINING a break above $100.188 never mind my earler $102.50.>

<<<<<<<<<<<<ZERO chance>>>>>>>>>>>>!

CMGI trading at 101 1/2 as I post! I was taught in school that ZERO meant nothing and in the above statement I took it that CMGI would not go above $100.88 today! You are one funny poster with your predictions! Do you know Joe Granville by chance or should I say are you Joe Granville?

Hank