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Technology Stocks : MFMI and ADVC

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To: SwampDogg who wrote (211)	7/18/1999 10:22:00 PM
From: Jim Bishop	Read Replies (1) of 388

<You have not answered my question about the Williams. Is a stock "overbought" or "oversold" when it is at or near 0? You seem to be saying that it is a "buy" signal when in fact it signals when a stock is "overbought" > e-analytics.com Oversold readings tend to occur in the 80 to 100 range and overbought readings tend to occur in the 0 to 20 range. <Always wait for a change in the security's price before taking action based on an oversold/overbought indicator like Williams%R. This is because overbought/oversold indicators tend to be leading indicators in that they turn before the security. Sheesh!!

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