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Strategies & Market Trends : Predicting news and runs for big % gains

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To: scouser who wrote (1311)3/8/2000 6:29:00 PM
From: woodstr  Read Replies (1) of 2182
 
Scouser....
I've been following your last list (45 &46),picking what I like (paper trading) and have been doing fairly well, however I'm back to question time....

On w%r....the site honjohn directed me to shows the use of this, more as an "over bought-over sold indicator (@ the 20
& 80 limits)...reading your post It seems you like to use the -50 cross over as a buy/sell line. is that right? or do you use it both ways.....the chart you showed me before, had
very little price action untill williams %R hit the overbought area.

is this about right?

thanks
woodstr
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