[Entering Position in CMGI]
Dear Member:
Here is a one-time high flyer that went to the depths and is trying to make a comeback. I do own some shares of CMGI at present, and like the stock at a limit of $2.56. It has just broken above some resistance on high volume. Both DMI and MACD are positive. If I am wrong on direction, I would exit on a close below the 40 day moving average.
DISCLOSURE: I do currently own shares of CMGI.
Sincerely,
Bill Kraft
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