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Strategies & Market Trends : TA-Quotes Plus

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To: Jim Deni who wrote (365)	2/7/1997 12:45:00 AM
From: gonzongo	of 11149

Jim- Bob said it better than me, definitely a post for the best of.... Basically when Jerry talks about the slow line he is referring to the second moving average. I think it was Mr. Lane who invented the stochastic in TA and he tried a bunch of stuff and his trials were labeled by letters. the ones he liked continued to be labeled as letters. It is common to have a stochastics line- be a %K and % D as one line and the "slow line" to be a smoothing of the first line. So Jerry talks about a fast line and a slow line. he likes the slow line to be above 50 and the fast line to be turning up and then wham bam thank you Mr. market, he make money. Sounds simple (gggg) I too was confused between Achelis and other sources so I "grok" your question. Thank God we had Bob Sage around whose clarity IMHO is unmatched. nice to meet you Jim. Please post questions as often as possible for we all learn when you do and that's what makes the boards fun. If I just posted to Jerry and Derek, I might as well email them. The group experience is what makes these boards unique. How could we get so much out of QP etc. without each other. Well I am off on Vacation- hope to hook up somehow through my in-laws 486 AOL connection. yt andy

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