RESPONSE TO READER'S QUERY; @ANON 8/9/2011; PTC

The Charts for PTC do not look too good, I am afraid; however  support is available at 66-68 levels where one could buy part quantity but in case Markets crack, 66-68 levels will not hold and the next reasonable support is at 60-62 levels. In case you are a long term investor you could make first entry around 68-70 levels and then average out downwards.

However, PTC is a good Stock fundamentally and the past Quarter has been particularly encouraging. So if you are willing to wait it out and do not mind a 10% downside from your entry price you could safely enter in the 68-70 range for the long term.