Wal-Mart Message Board - Msg: 1732175

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Non-Tech : Wal-Mart

WMT 102.48

-0.1%

Nov 14 3:59 PM EST

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To: Leo Francis who wrote (72)	7/9/1997 8:32:00 PM
From: Leo Francis	of 1166

Technically, something very significant happened today. The Stochastics indicator, with the parameters I've posted crossed both the 80% support line, AND the moving average. If you believe in this indicator with certain stocks, as I do with WMT, this forecasts much more downside with the price of WMT. This is certainly a very good signal for the shorts, and I believe a warning, or exit trigger for the longs. Good Trading. LF

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