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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Bob Biersack who wrote (107719)7/14/2000 12:19:33 PM
From: Jenna  Read Replies (2) of 120523
 
Watch List #4.. yes its triggered. Volume looks like it will be more than average by day's end. Don't forget its also an earnings play. I was reading Technical Analysis of Stocks & Commodities last night (Pristine Market Gems has an ad there) and they mentioned something I use called a "Stochastic Pop".. Originally got it from the Jake Bernstein Book The Compleat Day Trader I. Its a simple play that you buy the stock when the stochastics (both %D and %K move from below 20 and hold until the stochastics retreat back down from its highs. Well the 15 minute stochastic soared from 0 to 97. Confirmation was a Directional movement Indicator (+DX) moving above the -DX. ADX is still 25 but should move up as well.
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