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


To: SouthFloridaGuy who wrote (440)12/3/1998 12:18:00 PM
From: TLindt  Read Replies (1) | Respond to of 20297
 
>>>To me it looks like MACD turned positive only a few days ago...why sell before the really big, unnoticed moves?

My guess, he's looking at this...

askresearch.com

The Stollies as I call it, when used with MACD...can show you where you are at in a time relationship to the MACD move. CKFR usually maxs out in the 90's...does a double top move and slides back. That's why I was saying last night that technically speaking, technically we were kinda maxed out. The question becomes for me at this point...which line does it slide back too? Purple, red or green. This last MACD move was most interesting because it started near zero vs dropping to the usual -1. Told me it was too cheap at $15, too cheap at $15 runs to $21..I'm hoping for a base north of $15, and then a swing into the mid 20's on the next up leg.

I guess I'd be trimming too, but hey after that last run on the internuts' I'm flush... So I'll be buying more at the base if it unfolds this way...and take some trading positions off next year.

Keep in mind I just guessing based on look at past history, but it has worked for me on this stock...