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Technology Stocks : CheckFree (CKFR)
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To: jjs_ynot who wrote (2016)2/26/1998 11:41:00 AM
From: TLindt  Read Replies (3) of 8545
 
>>>Prophetic HUH?

Yes it is really interesting to me how sometimes TA can mirror a fundamental situation.

Before the BARS downgrade Stochastics & MACD were moving in a positive direction based on the heels of a positive Volpe Brown upgrade...then with Bars everything was turned upside down and went negative with the negative downgrade.

Only problem is....this is all occuring within a critical point in TA..the short term trend is backing right into longer term fundamental uptrend.....And both these analysts are within a $1 of each other at close on the day of their comments. One of these analysts is right, and one is wrong...and the TA on this mirrors it.

And each day this continues the forces are building......for a explosive volume day of 3 to 4 Million Shares and a movement up or down....based on what the market thinks of CheckFrees chances in this e-Commerce area.

We're either going to $15 or $30 very quickly...but there isn't any more room to stay here, couple days at most, it's an event waiting to happen IMHO.
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