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

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To: Tom Klempay who wrote (4700)4/16/1999 6:45:00 PM
From: Sam Biller  Read Replies (1) of 20297
 
Tom,

So far I've been pretty lucky w/ my traders and let me emphasize the word lucky. Also, thanks to the education provided by TL and AW and fantastic web sites like clearstation.com.

Does anyone have a suggestion for a good book which discusses short to mid-term trading strategies including a discussion on Stochastics, MACD, etc. Let me emphasize that the trading philosophy on the 25% or so of my CheckFree portfolio is not a day trading strategy...instead it is a strategy to lighten up when the stock is overbought and add to my position when the stock is oversold.

Unfortunately, I lost my discipline and got a little greedy (OK a lot greedy) and didn't lighten up in the 60's.

In the coming months, current prices may look cheap on this baby. I'm just waiting for the stock to take a breather and consolidate at these levels before hitting price targets of $65 next quarter and $100 by year end. Of course, the overall market conditions will probably have a large impact on these predictions.

Sam (IMHO/FWIW)
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