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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?


To: Marconi who wrote (6881)8/13/1999 12:30:00 PM
From: Marconi  Read Replies (1) | Respond to of 9068
 
Thread:
From MACD 8-17-9 it looks like a buy signal for CTXS as of two days ago (Wednesday 8-11). The extent of the CTXS rise so far is pretty amazing, and I think a fair portion of the money that rushed to money funds the last week to two weeks is coming back into the market. The bond funds and foreign funds continue in their minor trends of the last month and half, but are dwarfed by the dollars shifting into and out of mutual funds for the period. CTXS price should continue to benefit if this market climate continues. Another leg of correction could take some wind out of the short term rise, though. Assuming this holds, I think 60 is closer nearer term than 40 in the next week. Now if I could see these things coming better. Still haven't learned to turn sharp corners very well--more of a gentle trend and tendency investor, yet.
Best regards,
m