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Strategies & Market Trends : Predicting news and runs for big % gains
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To: woodstr who wrote (1315)3/8/2000 9:38:00 PM
From: scouser  Read Replies (1) of 2182
 
woodstr, willaims % acts differently for different stocks, some stocks w% will be the same as slow stochastic , for others it will slightly ahead of price - up and down, the reason I like the -50 line is that it seems to be the best indicator level for a BB stock that has imminent unnatural action as opposed to an imminent roll, last week I predicted RNWK dropping from $90 to $65 on their thread, I saw it had a roll to it( price), plus w% was heading down very fast. I asl ofind W% at 0 and little price rise over the previous month is big green light.
Going over -50 to me seems like the best buy indicator for BBs. I ahve read waht inidicators are supposed to show a millin times, but in the end you get an eye for certain patterns, which is why I started this thread.
Scouser
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