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Strategies & Market Trends : P&F Gatherings -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (214)5/14/1999 3:52:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 2909
 
John,
Looks like CHKP broke through the resistance today. It had a P&F double top at $45 and it looks like it printed upwards of $47 today. I missed all of the action today as I was at Interop in Las Vegas. CHKP was all over the place....they were handing out very nice tote bags with their name on them.

I do like them from a fundie standpoint.

Tom Dorsey mentioned DJIA 13000 on CNBC several weeks ago. The P&F major indicator the "NYSEBP" is a hair away from giving an outright buy signal, but it is also not too far away from being overbought. There certainly aren't any hints of a BK in P&F.

JXM