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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.97

-0.3%

Jan 30 4:00 PM EST

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To: mattie who wrote (19697)	2/5/1999 1:07:00 PM
From: Clint E.	Read Replies (2) of 70343

Mattie, I don't know what's up with LGTO. The stock has been weak ever since the Montgomery conf. presentation. CTXS: I was stopped out at 90. It went to 87, then back up to 93, and then back down to 80 in the last two days. I think this is just some emotional selling across the board plus a shakeout. Everybody I know here is getting in instead of getting out. I am sticking with the leaders(intc+msft+csco) because I don't want to worry too much or watch the market too much. However, I think a stock like CTXS at low 80s is a buy for someone who can accept higher risk. Clint

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