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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (30251)	12/28/1999 10:12:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Street talks.. The things I think are important to watch and look at, these are street pundits and I think reading htem early in the session helps.. <<SCHAEFFER'S INVESTMENT RESEARCH, INC. 800-448-2080 www.optionsource.com BULLISH Check Point Software (CHKP - 184-3/4) Hewlett-Packard (HWP - 112-1/2) Internet security provider CHKP has been a relative-strength leader by returning over 300 percent year-to-date. Fourth-quarter returns have also been impressive at about 120 percent. Even though the shares have been steadily trending along their 10-day and 20-day moving averages since October 20, options players are not looking for further upside from the security. Such sentiment is reflected in the equities put/call open interest ratio, which shows that total put open interest outweighs total call open interest. Additionally, the stocks speculative ratio (open interest from the front three months) ranks in the 92nd percentile in comparison to the last years worth of data. This skepticism comes at a time when CHKP is sitting atop its 20-day moving average. This is the first test of this short-term trend-line since mid-November. We look for a bounce from this moving average and for the stock to contend with previous highs.>> fwiw <<Its surfing time still with the McClellan Oscillator above zero (plus 20). Investing? Another story. Actually the A/D line and new low stats are calling for buying right now as this aberration has set up some incredible opportunities with near zip risk in this juiciest of all periods to acquire value, really, really on the cheap, 4 stocks come to mind->> <<SALOMON SMITH BARNEY AMZN reit outperform high, now believe sales could be closer to $700 million for the quarter continue to recommend strong buy AMGN reit outperform high, raised price target to $70 on NESP and IL filings>> <<The Joseph Stevens Model Portfolio: Portfolio Longs (new positions in bold): HM at 8. PE at 33. SO at 23. T at 52. F at 50. ALL at 24 ó. CPQ at 24 «. LU at 74. MSFT at 101. COVD at 55. MSGI at 17. SGI at 9 «. Portfolio Shorts (new shorts in bold): None. Portfolio Hedges: DIA at 113 ó. HHH at 184. QQQ at 180. Day Trades: MMM short from 95 covered at 93 «. BEL long from 61 stopped out at 60. GBLX long from 50 stopped out at 49. SBC long from 50 stopped out at 49. CPQ long from 28 sold at 28. LU long from 74 « sold at 76. AOL long from 78 sold at 81.>> <<keep up the outstanding continuous great work right here... enjoy everything you write...wrong or right....LOL.....heck IKE, we ARE after all, only human huh???>> OJ... I think we are very human, full of faults and wrongs. For me this thread has taught me that keep working hard and keep raising the hurdles, go for new heights and that is what I plan to do next year. Never be content with what has been acheived, every day I write that the previous calls are done and dusted today is another day, a new day, a new start, lets get what market gives us.