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


To: Doug Fowler who wrote (14126)9/27/1998 9:31:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Doug, I agree with your analysis on CTXS, trouble is coming for them but this quarter and possibly next quarter will use the MSFT money to create an illusion of growth. Unless the entire market retreats, CTXS will probably hold up until 1999.

The market looks very strong to me at the moment. The Fed will cut rates next week, Japan is dealing with bank problems, Clinton will survive, the hedge funds are being forced to cover positions as banks withdraw loans to cover shorting, and the public is optimistic. The market could hold up until 1999 and even retest the highs. I just don't see a big crash before 1999.

Now that the "last bear" has capitulated, the market will crash tomorrow..........