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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Dan Ross who wrote (7302)11/19/1997 10:14:00 PM
From: ted birnbaum  Read Replies (2) of 9285
 
I shorted CTXS 3 days ago in the 78 area. The drop shocked me, I was
getting ready to cover and poof it dropped like a rock. I think it will recover most of its loss tomorrow, but I think some of the longs
will see the light. CTXS is sitting in a place where the slightest trouble will send it tumbling like a rock. If I was holding the stock
I think the risk of a sudden tumble would outweigh the potential gain.
In short I expect this event to change the psycology of the stock. I think it will be headed for some trouble.
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