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Technology Stocks : Check Point Software (CHKP)
CHKP 180.92+2.6%Feb 6 3:59 PM EST
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To: c. carlson who wrote (5654)3/22/2001 5:00:15 PM
From: chojiro  Read Replies (1) of 7150
 
<<Read the charts, the market is trying to tell you something.>>

While the weekly and monthly charts look pretty ill, you might want to look closer at the daily if you are thinking to establish a short position; There are signs of a moderate reversal in progress.

Yes, I am bias. I am long as this afternoon. I had an order in this morning at 51. I later changed it to 52 and got filled. I would like to see at least 64 out of this trade, but have a stop in place at 50. If the stock moves up, I will modify my stop.
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