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

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To: Mama Bear who wrote (5942)6/2/1999 9:01:00 PM
From: Scott Williams98  Read Replies (1) of 20297
 
That strong support of $40.00

is still holding. CKFR has bounced off it (strongly) each time it has hit it lately. Would be nice to see a gap down tomorrow, followed by some decent volume, then a close higher than the open. That would be good for a bottom signal.

As for the "guess the bottom" game, I'll say $40 bucks if we can hold here. If it breaks below that (and closes below that), I'll say $28.00. I don't have a position anymore, so I'm (selfishly) hoping it breaks below support so I can get in cheap. If it rallies, I'll be buying over $51.50 (resistance). I too think the SPO contributed to CKFR's weakness (for whatever reason).

Best of luck SCOTT
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