Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (8269)	12/13/1997 9:59:00 AM
From: McNabb Brothers	Read Replies (1) of 9285

Roger, We are surprised that CTXS did not go higher than it did when it broke above $80. It has fallen through first resistance with higher total volume than when it was when making new highs (bearish). We see some support at $68 1/2. Would look for another bounce if the market does not fall to pieces next week. If it breaks through this support level we then see $56 to $58 as the next support level. Then $48 as the major support level. Mike

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