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

To: axp who wrote (829)	12/22/1998 8:25:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

>>>If 20 or less is "bottom territory" then this chart would have declared a bottom around July 20 - a particularly bad time to buy. That's why I use more then one indicator...like in real life the light at the intersection is green, and green means go...but it don't hurt to look both ways first before moving into the intersection. Here's another to either totally confuse you, or increase your understanding. Take this with the other 2; MACD & Stochastics...what you have is an oversold stock (R%) below, which is moving into bottom territory (Stochastics), which has yet to find bottom (MACD). askresearch.com It's then a good buy, or add to position bet, when Stochastics & MACD reverse their current downward trend, and begin to head north back. And for what it is worth, July was a total blow up of our humping camel. But the truth be known; A.W. and I were going to both unload some around the middle of July on the MACD sell at the all time high, if it weren't for that damm ghost haunting the old thread, but we got gready and burned. That won't happen again....that's why we both trimmed our postions above $20 and at $18ish... All three indicators were saying then the Light was Red, Cars are in the Intersection...and we've got the sun in our eyes. Hope that explains a little on the Voodoo Technicals....ie look at more then one indicator on this one...because Checkfree is a great trading stock.

To: axp who wrote (829)	12/22/1998 9:12:00 PM
From: TLindt	Respond to of 20297

You might also what to bookmark this thread to follow our trading on some of these issues... MACD has been good to me....How about You? On this thread we discuss things which have been good to us technically in the market.. techstocks.com We're on the SI hot list there somewhere.... I think what we see now if the market conditions stay stable globally is second tier internets are ramping up..for a run. The Monkey...a.k.a. CheckFree is just behind them in time. We'll see, because that's what we watch technically....but with anything technical observed...news moves. UP or DOWN.