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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (6574)	6/22/1999 12:53:00 AM
From: Scott Williams98	Respond to of 20297

Hi Dwight, You're absolutely right! I should have bought CKFR support last week (which held nicely). However, the way the NAZ was selling off, I figured that support could be taken out. Well as it turns out, the NAZ rallied, and took everything (most) up with it. My only point is that looking at the volume in CKFR and given the resistance of the 50 DMA, there is a pretty good chance CKFR will bounce off it. IF, IFFFF the NAZ should turn weaker again, then I thing CKFR could take out the $35 support which could then take it to the $20's. I'm just giving a contrarian view to the bullishness here, that's all. Just "guessing." In fact, I'd rather buy CKFR as she's breaking out, rather than breaking down (pick the bottom?). One way or another, I'll be back in. Best of luck SCOTT