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Politics : Idea Of The Day
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To: James Strauss who wrote (32036)6/24/2000 7:59:00 PM
From: Brad Ruffin  Read Replies (1) of 50167
 
You must be looking at an hourly chart to say that the NDX is oversold. I would agree with that. But looking at the daily chart --- 5 day, 8 day or 13 day fast stochastics have not reached what I would call "oversold" as yet. The 130 minute chart just reached oversold on a 13 period basis. We are at "short-term" support levels which I hope will hold. ;>)
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