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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Walk Softly who wrote (4286)2/9/1999 12:40:00 PM
From: Bruce A. Brotnov  Read Replies (2) of 6445
 
ES - PCCC reported nice earnings today. However, when I took a quick look at the tabular data they had .32 diluted and pro forma .27 earnings. Which will show in IBD tomorrow as operating income?

The .32 would look real good, but .27 only matches last year although revenues are improved.

CHKPF hanging in there today.

DOW bounced off 50 DMA this morning which could be a good sign if it holds up. Nasdaq bounced off support at 2345 but buyers are dwindling so that is in favor of the bears, esp if they keep pumping cash into Ralph to keep singing his swan song. CNBC must of mentioned his song of 5-10% correction 100 times yesterday. Market at critical levels but holding its own for sideways pattern so far. Would like to see close above 9250 but will take anything above 9200 support.

Bruce de Poorman
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