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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (118355)	12/6/2000 6:07:27 PM
From: robsiv	Read Replies (2) \| Respond to of 120523

Jenna, I have a general question; if a stock gaps up (or down) hitting or exceeding a pivot point, do you consider that an automatic buy (or in the opposite case a short)? Or is it better to wait and let the market makers have their fun before taking a position? I'm new to your trading room but in the past couple of days have learned a lot. You're a great teacher. CHKP has been a hold for me for the past two weeks since it was at 95. It crossed above its 20 day MA yesterday; next resistance is around 150 at 50 day MA. Seminole county may dictate trading tomorrow if there's a decision, however. Thanks. Rob