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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (3083)	12/27/2004 3:34:38 PM
From: Vendit™	Read Replies (1) of 8752

Gush, Re: Finding the top. Williams’s %R is always the first oscillator to turn down. That should put you on-guard to sell if you are long. Look for a second confirming indicator which is normally stochastic 5-3-3 confirmed intra-day cross-over. 139.142.147.218 You don’t quite have that confirming cross-over yet so you don’t have a true sell signal. Positive news after close could push the stock higher in the morning and get you a better EXIT. The truth is, the stock is just out of gas and technically over-bought for this cycle up. You have a good eye and knew that it was about time! Reid

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