C.M.
While I agree with the two other responses that your daughter DOES understand "no", I disagree with the methods of "discipline". I'm assuming that since your daughter isn't yet a year old, she's finding her voice. Im also going to assume that she's not talking yet, and all she's doing by screaming is she's found a way to communicate with mommy.
Give her a few days, try to figure out WHY she's screaming. (Food, diaper, attention,hurting, bored, tired, etc) I doubt she's screaming just for the fun of it, although it can become fun for her quickly, depending on your reaction. If you can figure out WHY she is screaming, it can go a long way to prevention. For instance, if she's doing it because she becomes bored with whatever activity shes doing, try to shorten the time she has with that activity and move her on to something else. If she's hungry, try to give her snacks a little closer together. Maybe she wants you to play with her.
I found with my son that when he would start screaming, it was usually because he was bored- and I had certain things I did with him that would allow him to use his energy to GIGGLE instead of scream. This little pig, Monkeys jumping on the bed, Im a little tea-pot, etc. Kids have a lot more energy than we do and they need just as many quiet activities as they do not-so-quiet activities.(I also found out that sometimes it's hard to distinguish between a laugh and a screech!)
Then again, maybe I'm wrong and your daughter might be needing discipline, although at under a year old I doubt it.