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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: swisstrader who wrote (8399)6/13/2000 11:59:00 AM
From: Innuit   of 9068
 
The "three minute" rule I believe needs to be changed to the "3 hour" rule or maybe 3 minutes . . . . I believe that with the instantaneous communications and everybody doing stuff at the same time there is a tendency to overshoot going up and down since there are imbalances in buyers/sellers. Once the bottom has been reached in a heavily shorted stock and the stock even looks like it is going up, the short sellers bail out and the stock shoots up.
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