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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (7244)9/1/1998 1:22:00 PM
From: TLindt  Read Replies (2) | Respond to of 8545
 
>>>maybe some of them brain dead institutions read the press today and figured out how to use a calculator.

Yea...and at $10, they probably think they missed the move...yea you did miss the 2 hour move...but there's still $215 on the upside and $10 bucks on the down...if you just go out a few years.



To: AugustWest who wrote (7244)9/1/1998 7:05:00 PM
From: TLindt  Respond to of 8545
 
Well, someone else likes it too, up 22%+ with under 600K in volume...maybe just part of the days rally, maybe some of them brain dead institutions read the press today and figured out how to use a calculator.

Well actually...I prefer Voodoo at this point as you can see CKFR turned the corner on the 8-17-9 4 days ago...but it did so with the full weight of a down market on it's back. Now today on the 12-25-9 you had a confirm, and stollies are right behind it. And as we have talked those intersections don't lie....on the short-term trend...but many, many stocks still on the down trend based on MACD...so the question becomes technically can CKFR buck a down turn...I doubt it. But if by chance their is an intermediate up trend which lasts a few weeks this is going to scream...I think you heard it today? The news just re-enforced the trend, and when the overall market got off it's back it broke lose.

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