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

To: Sam Biller who wrote (2788)	2/22/1999 2:58:00 PM
From: AugustWest	Read Replies (2) \| Respond to of 20297

look at the MACD chart Tom posted. The MACD seems to be the more accurate indicator for position trading, and ckfr falls into that one more so than the Stochs. I like to use them though for daytrading, and or just confirming a macd reversal. really nice when you can get them all lined up at the same time. Also, with the Stochs. turning at the higher levels, it would indicate that the run may be short lived or topping soon. That's why MACD is more important to me It's like a big block engine compared to a small block engine in a car. The stochs(small block) can run hard up to 100 mph. While it may take longer for the big block to make it up to 100, after that, all you see are the tail lights. Does this make any sense to you? If so, that still don't make it right<g>