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Technology Stocks : Check Point Software (CHKP) -- Ignore unavailable to you. Want to Upgrade?

To: chojiro who wrote (5664)	3/22/2001 9:36:03 PM
From: c. carlson	Read Replies (2) \| Respond to of 7150

I have nothing much to say here, just the obvious, ...which is that CHKP has seen the best of this market. The best stocks get to collapse last. All stocks must line up with new valuations, CHKP included. The weekly chart shows a huge consolidation starting in Q3 2000, including several failed attempts to repeat it's high, a symmetrical triangle that finally collapsed (spanning from Sept till 5 weeks ago)...CHKP broke the $83 line, the $67 line, and now testing the $51 line. If it breaks that, then the next clicks down could be $35 and $19. [I guess the market doesn't believe that CHKP will be exempted from the slowdown?] Many charts are working really well right now because they are accurately showing classic human behaviors. Alright, enough said. Ok, let's go to the insider trading. Since July 25,2000 Jerry Ungerman, and the Jerry&G Ungerman Trust have peeled off a cool $28.5 Million in CHKP. Sorry, but I consider this worth mentioning. This guy is the highest ranking CHKP dude in the US, and he has been taking money off the table consistantly. See links: insidertrader.com insidertrader.com Too bad negative points of view make people bristle. For the millions of readers out there: If you are waiting for the "greater fool" to push your CHKP shares back to pre-crash levels, then keep reading the posts about this week's latest hack-attacks. --------------------- Spytrdr- I owe no apologies. Amazing that a self-proclaimed short as yourself thinks you are in any kind of company on this thread. You are still getting a free pass cause you are so endearing, and give links to your own charts. Lose the photo. AugustWest- Yes, the entertainment factor is important, but....Can you answer,...yes I can, but what would be the answer to the answer man? McNabb Brothers- Either 67 or 35. You figure it out. Chojiro- You may well get your 64. I'm not short, never would short CHKP, that's a bad idea, one piece of news could kill you. PM- I love CHKP. It's the market that sucks. ---All IMHO--