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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (6388)7/30/1998 12:06:00 AM
From: g_m10  Read Replies (2) of 8545
 
Charts can't look better after the last correction:
tscn.com
Rising tops, rising bottoms, flat top. A good place to park money and wait for a lift off. If it hits $22, I'll take money from Visa to buy more.
I'm not sure about 5-7 days though. It may take longer for the market to shed some fat. I don't think Dow has seen the bottom yet.
Asia worries are already built into market, earnings are mostly behind, zipper-gate is a non-event, except may be for a couple of days. Market itself needs some more fat trimming. I'd feel better if it drops 200 more points down and bounced couple of times at the bottom.
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