Metastock 6.0 for Window Message Board

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Strategies & Market Trends : Metastock 6.0 for Window

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To: Richard Estes who wrote (862)	9/5/1997 9:52:00 PM
From: Joe W.	of 4056

Thanks Richard... The book "The complete day trader" refers to a "stochastic pop" which Jake Bernstein says he has used for years to day trade commodities and futures. It enters markets which most treaders consider overbought or oversold. He plays the momentum "pop" which is the natural inertia before the decline. It is more of a method than a system according to Bernstein. I have looked at many stock charts and checked the price when %k crosses 75 and then when %k & %d cross. This method seems to produce some good short term profits. I'm just trying to get a system test to help me determine if it has validity for short term stock trading.

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