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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (7558)11/27/1997 2:55:00 PM
From: Robert Schling  Read Replies (1) of 9285
 
Roger: (reply to your CTXS thread post)

Thanks for your input. I'm replying here because the CTXS thread seems to be full of posts and posters without substance. Looks like my two simple questions got a lot of emotional bulls upset...

I presume that Hydra is imminent CTXS competition. Could you enlighten me as to what it is and the supplier?

Regarding shorting, I'm quite aware of the risks. Made some good trades by stabbing at ZITL and VIAS, but covered too early for quick profits.

I have found MACD's (I use a Fast2-Slow15-Signal10 for faster signals, the standard version is too slow for me) good for going long, but have not used them for timing shorts. Do you use any TA tools to time your trades?

Looking at the chart, resistance around 79 has been tested a few times, and looks like a good point for going short. If CTXS breaks 80, anything can happen, I guess.

Robert
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