Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Timoteo who wrote (3197)	2/18/1998 8:44:00 PM
From: CatLady	Read Replies (1) of 18691

My take on CTXS, FWIW. The 40 day EMA has turn down slightly. My gut tells me that the momentum players are getting bored with CTXS and moving on to more exiting games (like AOL?). But it does seem to have successfully tested resistance at 65 and looks like it could bounce up over 70 again. I've been treading water with a short position for a few weeks now, once weakness sets in to the market in general, I think this high flier will nose-dive. I'm out of AVNT 'cause I can't figure it out at all now. CL

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