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Technology Stocks : Check Point Software (CHKP)
CHKP 186.76+1.4%Nov 28 12:59 PM EST

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To: STOCK INSIGHT who wrote (1838)3/20/1998 11:31:00 PM
From: Leo Mitkievicz   of 7150
 
STOCK INSIGHT

It's hard to call this one on any kind of day to day basis, yet sometimes a TA toolkit can be surprisingly accurate. Protect your profits if you have them; it's in a no man's land right now. The current uptrend is starting to look a bit weary from those last strong moves and after today we will probably be looking at multiple "overbought" indicators again. Weigh the overbought (which can remain that way for a long time) against the strength shown vs the NASDAQ average this morning, and the end-of-day strong close.

I think I'll hang on to mine for a while yet.

Leo

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