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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (97026)5/13/2000 7:23:00 AM
From: kha vu  Read Replies (1) of 120523
 
CTXS: judging from the number of posts on this thread yesterday on CTXS, it seems to me that there is quite a great number of gemmers holding CTXS. I was in for a wild ride with 100 shares on May 1 as a day trade then got stuck @51 on down side for the whole week and sold out yesterday @52 and changes.
Now look at the candlestick chart as the end of fRIDAY 5/12 it looks like we have three WHITE soldiers with the gap up. It is a bullish uptrend. If we do not have the
bad experience of the down days in the last few weeks I would have held these 100 shares for more gains ( but with CPI, FOMC on coming Tuesday -- it is just better to get back the money and a dollar profit). However, watching the monday CTXS would be a decision to step back in for short term if the uptrend confirms.

Good trading
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