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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Vendit™ who wrote ()2/12/2005 6:45:08 PM
From: IHateSourCream  Read Replies (1) of 8752
 
Hi Reid,

>>Most people tend to make technical analysis so much more difficult that it is.<<

Glad to hear it! :-) Thanks for your comments about the stochastic indicator. I read the tutorial. Thank you for sending the link.

>>The actual crossing of the fast line of the slow line IS the signal in either case.

Is K the fast line and D the slow line?

Also, with respect to XMSR and its inclusion in your long list for the upcoming week -- since XMSR's stochastic is extremely close to 80 -- does that mean it would be an extremely short-term trade? I guess I'm not understanding why this would be on the long list since the stochastic is so close to 80. Also, do you know what the short-term top (in stock price) would be for XMSR? And how would I be able to determine that short-term (price) top from the chart?

Thanks again for your patience with my questions.

IHSC
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