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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Triffin who wrote (2855)2/24/1999 12:57:00 PM
From: Ron S  Read Replies (1) of 20297
 
Jim:
Just talked with one of Wall Street's great chartists. Asked him to look at this one. His description of the chart was "WEIRD,"; I would have preferred wired. Hasn't it been our experience that the stock overdoes everything on the upside and particularly downside. Doesn't this make a fibonacci retracement just too perfect a system to use in buying and selling CKFR. I'm interested in what the MACD boys (TL, AW, etc.) think about the stock hitting targets versus overshooting, if that is any part of their system. Wish we all had Gintel's patience and just let this baby run without trading in and out, but it's difficult.
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