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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Graeme Smith who wrote (6018)10/22/1997 2:54:00 PM
From: vegetarian  Read Replies (2) of 9285
 
Another scenario for CTXS to be dumped is:

-all the buying is dried out
-those who bought earlier are sitting on a lot of profit because of the huge run up
-we get a down day in the market and things start selling
-those holding see that their profits are shrinking because of
the downward price movement
-they start selling in hoardes to lock in whatever they can pushing the price further down
-the same scenario happened last week with the options pressure triggering the initial sell off and some really high quality stocks were available at a great bargain price, and CTXS is no high quality stock.
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