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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Michael Berkel who wrote (620)	1/12/1998 6:30:00 PM
From: TATRADER	Respond to of 18691

Michael, I have to get back to work...Took a quick look at CTXS and determined I would need to do further study, before I comment....Mark

To: Michael Berkel who wrote (620)	1/13/1998 8:26:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 18691

Michael, in regards to CTXS, I would not be short at this point...I don't know what rationale that investment advisor is giving....You have a rectangle pattern from 65.00 by 80.00....The Bollinger Bands display the extremities of the pattern at 62.64 by 82.42....Volume increased when it did its reversal recently at the 63.00 level... I would short this stock only in the 80.00-82.00 area, or I would go long in the 63-65.00 area....Going short in the middle of a pattern is a crap shoot...Good luck to those pros...Their stops will probably be taken out and their sheep will lose money....Remember, a trader is independent, he follows no advisors....In fact, if I ever know what area other advisors are calling for cover points, or where there stops are set, I use it to my advantage...Mark