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


To: Frank who wrote (2244)5/1/1998 12:48:00 PM
From: KC  Read Replies (1) | Respond to of 7150
 
Somewhat OT....over the years I have had differences with people on these threads...but I always try and stick to the issues...if you think things are ugly with CHKPF now regarding the price movement check out how ugly things can get over on the Yahoo chkpf thread...unbelievable..



To: Frank who wrote (2244)5/1/1998 9:10:00 PM
From: jkb  Respond to of 7150
 
Hello Frank -

I just got back after missing today's activity and was interested to see the low of the day at 26 7/8 - obviously a nice bounce from that - but that's kind of been the trend all week.

I'm no TA guy - but it usually seems that when a stock with solid fundamentals breaks such solid support below the 50 DMA and 200 DMA that it's definitely good for some short-term action. I will be looking for an average down on Monday - and probably more for a trading position as well.

Reality is that we could test $23 again - but I'm comfortable risking that with buys on Monday - as in the end - whenever that it is - it's fundamentals that are key. What other securities do you like right now? AMD still?