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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: rrufff who wrote (8301)5/2/2005 7:20:23 PM
From: Venditâ„¢   of 8752
 
Re: When you narrowed the stochastic indicator to 5,3,3, what is your thinking.

A 5-3-3 setting a a much faster setting a more closely matches the snap movements or Williams $R. 5-3-3 will allow you to enter and exit closer to the bottoms and the tops.

Penny's tend to snap up and down a lot faster and I think a 5-3-3 is the appropriate setting for "most" of the penny stocks but that is not a rule written in stone.

Reid
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