LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (12258)	4/7/1999 7:22:00 PM
From: Dave Shares	Read Replies (1) of 43080

CTIX Are you still holding this ? I bought at 30 1/2 near the end of the day as it was moving in the right direction. General Comment: I think that the software companies, many of which have gotten haircuts lately, are pretty risky plays right now. I think we are seeing some sector rotation and this one is out of favor. A lot being said about companies getting their Y2K stuff done and not buying, etc. This does not turnaround in a day or two, and if the institutions are lightening up, where is the buying of the stock going to come from. The sector had a great run from October, so maybe time to look elsewhere ? Took a position in TQNT today. See what happens. It really needs to break 22 and then it could move to 24-26. Good volume today, tight trading range. David

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