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Technology Stocks : Check Point Software (CHKP)
CHKP 197.40-0.7%Nov 14 9:30 AM EST

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To: jkb who wrote (2281)5/2/1998 12:57:00 PM
From: Dave O.  Read Replies (1) of 7150
 
< Trade them only. >

With the proverbial falling knife I'd think investors would want to wait for a bottom and some period of basing. Wait for the volume to dry up too. Likely many new investors were suckered in this past week when the stock gapped up nicely at the open. Each day it closed well below the open (gap up). I have no position in CHKPF, traded it once last week and watched closely all week on Level II.

Dave
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