CTXS: Don't Use Weak Passwords
Well, news broke Friday that CTXS got hacked due to the use of weak passwords, and they had to get told by the FBI that it's been going on for months and they didn't even know. Expect a number of days of strong downward action in this bearish breakout market environment. From the chart, some traders have already started pricing the news in, and I'm going to open a short position on Monday before I miss the train leaving the station. All technical indicators are showing that the market has begun to respond to the news, and it's only a matter of time before your cab driver starts talking about it.
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