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Technology Stocks : Spectrian Co. (SPCT)

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To: Leo Francis who wrote (192)9/1/1997 6:10:00 PM
From: Johnny Canuck   of 738
 
Hi Leo,

Sorry for the late reponse. I didn't see the message because
because it was not addressed to me.

I looked at your indicators. They indicate a short term oversold
condition with a buy signal . Have you found that these indicators have a strong corelation to the price movement.

I am curious about the Chaikin oscillator though. I have not
used it before , but from what I know it works best when
the stock is trending. It is good for indicating a trend reversal.
The ADX indicates the stock is not trending right now though
since its slope is declining. So the stochastic and RSI would be the better indicators to use.

For another opinion try this URL:

etrade.stkwtch.com

It is purely a mechanical read of the technicals with no weighing
of the fundamental and news. It is free for another week.

Regards

Harry
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