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Non-Tech : Amati investors
AMTX 1.470-5.8%Dec 12 9:30 AM EST

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To: Galirayo who wrote (19823)6/17/1997 10:38:00 AM
From: Walt Deemer   of 31386
 
[ TA Chat ]

>>A while back you mentioned one of the indicators you use is a
>>Stochastics 16,14,14.
>>I've really looked at this one and it seems to pick some Big Moves. It also will pick
>>many many stocks.

>>Are there any other indicators you use in conjunction with this one to refine the
>>selection process ??

Ray: Sorry, no. You're absolutely right that the Stochastics oscillator (or any similar indicator) will pick "many many stocks" -- and I'm darned if I know how to tell if a "buy signal" (or combination thereof) in one stock is better or worse than a "buy signal" (or combination thereof) in another stock. So I tend to use these indicators after I've already come up with the stock (in this case, via Steve S.) rather than vice versa.

Sorry I couldn't be more helpful -- and good luck!

-- Walt
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