Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 660.19

-0.8%

4:00 PM EST

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To: Dr. Stoxx who wrote (6498)	4/11/2000 8:00:00 AM
From: smchan	Read Replies (1) of 39683

Thomas, I'm looking at the hourly chart for SCH trying to see the long signals. The only signal I see is a rather steep and well defined rise in the stochastics. However, I also see a simple MA crossover to the short side at 1:00 pm. Would you mind sharing your chart configuration with us? I'd like to make sure I'm watching the same data. For an interesting stock, look at the stochastics and MA's on a hourly chart for EBAY. It signaled short in the 180's on 4/7 based on stochastics reversal and again on 4/10 in the 170's based on MA crossover. Currently in mid 150's and falling. The stochastics have almost bottomed but haven't shown any signs of a bounce yet. (I've been wanting to short this stock for a week now and completely missed it yesterday!) Sam

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