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Technology Stocks : CheckFree (CKFR)

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To: Rob C. who wrote (1969)2/25/1998 12:52:00 PM
From: TLindt  Read Replies (2) of 8545
 
>>>Someone seems to be taking down a very large position in Checkfree.

It sure seems that way....there has to be plenty of sellers jumping off at this juncture..in order to keep that range so tight. 3/8 of a point..and this abnormal volume...and not moving either way.

To any of the TA folks out there if any...are we flagging up? I mean we are staying just below a falling 50DMA, and a rising 200DMA? My experience is we're comming to a fundamental turnning point here, and TA one too if this is a flag?

We're going to break hard here soon, we're completely out of trading room....and it may all depend on the preception of do 'we' have the cookie or not......

In any case it's getting pretty tight......I've got the 50DMA at 25.25 and the 200 at 22 1/2...not much room to play.
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