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


To: Danny Chan who wrote (1968)4/10/1998 1:30:00 AM
From: Getcher  Read Replies (1) | Respond to of 7150
 
Danny,

I look at the short-term indicators almost exclusively ... CHKPF looks like a clear buy right here right now. It is very apparant that we will see a runup to earnings. I would not be surprised to see 47-8 prior to earnings release.

BUT PMCS IS A DIFFERENT STORY. Put in a clear short-term sell signal today. Hint of it the day before, but both MACD and Stoch. show a clear sell right here right now. Please confirm, or show me what all you see ... always anxious to look through another's eyes at technical indications.

Getcher



To: Danny Chan who wrote (1968)4/10/1998 7:40:00 AM
From: roger  Read Replies (2) | Respond to of 7150
 
Danny,

I read pretty much the samething as you do. I am surprised
by Thursday's action. I thought we're going to see 37. Now I
am not so sure. There are only 8 days till earning. My hope
is that the stock will start an upward move when the earning
comes out. I am bullish on the first Q so there should be a nice
pop after that.



To: Danny Chan who wrote (1968)4/10/1998 10:27:00 AM
From: Vanni Resta  Respond to of 7150
 
Hey Danny,

Thanks a lot for the excellent and unpretentious presentation of your TA analysis! Good to see you have your ego under control. Posts like yours are so rare at SI these days that it is refreshing. Not a trace of the typical arrogance and psychosis, or boasting about being right but for the wrong reasons. Heck, some people are known to even add on a few zeros here and there when the ornamentation looks nice.

Hahahaha!

Instead, posts like yours are what SI was supposed to be all about.

You wrote: "I was a little surprised by today's action as I was looking for more consolidation at the 39-40 level." Exactly. That is what I was talking about. My TA also showed this stock had a little farther to fall.

Stick around. We like your contributions.

Happy Investing!

Vanni