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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 (8979)5/28/1999 11:32:00 AM
From: scanshift  Read Replies (1) | Respond to of 19700
 
You still do not get it. You would sustain a "rally" above a high, or sustain a "break" below a low. You do not sustain a "break" above a high. Volume is really irrelevant today in my opinion. We know the market is thin, and that is why CMGI should not grind around the early intraday pivot, but extend towards the edge of the intraday range. That is why 96 5/8 was a good entry point to just go long for a quick scalp, because with the market acting short term bullish, there was a carry along move in CMGI.