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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (62407)12/31/2002 1:05:17 PM
From: bcrafty  Read Replies (1) of 209892
 
Shack, I agree but I have a question

When you say "when we get this oversold . . . ." what exactly are you referring when you say "this" (i.e. how are you measuring the degree of oversoldness?) I presume you're not speaking of stochastics, as the hourly stochastics (14-3-3) on the Dow bottomed out Friday morning and we've gone lower since then.

BTW, what timeframe charts are you watching intraday?
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