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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Innuit who wrote (5109)3/2/1998 5:06:00 PM
From: Lizzie Tudor  Read Replies (1) of 9068
 
Innuit,
Thats an interesting theory but there are plenty of stocks that go up 100+ points in a year and Ive never heard any mention of a "365-day runup selloff" soundbyte being applied by the investment community. Of course there is the "tax season profit-taking" soundbyte... maybe its that.

Overall though ctxs hasnt looked good in a while, my guess is bad news is coming? Hard to believe, I know, given the position of this company and its mkt segment.

Thanks to all the TA opinions.

Michelle

EDIT: I just noticed not only were we down 6 1/2%, but we were down on high volume. Are there any level 2s out there that can verify if this was a few large trades? If the funds start dumping, watch out below - but wait - does ctxs have any funds?
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