Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 668.73

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Nov 24 4:00 PM EST

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To: Dr. Stoxx who wrote (4976)	9/30/1999 10:30:00 AM
From: george1204	Read Replies (2) of 39683

tc..a question..ken mentioned FLC as a possible play. however the 60min stochastic is overbought and there for moving down. on the daily chart it looks like a classic BTTT. in this condition i believe it will have to wait one more day to move to the upside because the 60min is usually one full day to cycle from overbought to oversold. HAVE YOU FOUND THIS TO BE TRUE??????

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