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Technology Stocks : CheckFree (CKFR)
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To: TLindt who wrote (982)12/15/1997 9:26:00 PM
From: marks  Read Replies (1) of 8545
 
The stock made a nice bounce today off of its 9 Day Moving Average. If the stock responds now as it did the last few times it bounced off that average, it is going to make a move 20% - 40% higher from here. My hunch is that it is going to be the latter which could mean a move above 35 - IF - market conditions cooperate. The stock looks stronger than clorox to me right now. Increased volume is the key - watch the first couple of hours of trading tomorrow morning. If we get over 100,000 pretty early, it will likely be a strong day.
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