Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: up3up4 who wrote (2296)	5/2/1998 4:45:00 PM
From: Carmine Cammarosano	Read Replies (1) \| Respond to of 7150

Did anyone find anything wrong with the most recent earnings report...looks like sales and profit margins were great!...thanks in advance...

To: up3up4 who wrote (2296)	5/4/1998 2:30:00 AM
From: Richard Jonec	Read Replies (2) \| Respond to of 7150

to: Thread before you commit your capital wait for a trend reversal, the bottom may be near but wait for a confirmation. Take note of recent trading action the "Weak Hands" bid the price up on the open and there is no follow through then the "Smart Money" sells out. The following short to medium term (1 - 5 days) trading rule has proven effective. Wait for a lower open than the previous close and the close of that day is above the open on high volume. Note this condition has not been met since the gap down on 4/23. Review my post # 2287 concerning support levels. If you want in early look at these support levels. Another condition to look for is a close above the open but usually this is not as strong a buy signal. Good luck to all.