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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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To: Gush who wrote (853)6/14/2005 4:21:14 PM
From: Walkingshadow  Read Replies (1) of 4814
 
Have a look at this weekly chart on RSTG.... notice that the stochastic crossover precedes the move by about a week:

139.142.147.218

Here it is with the faster stochastic setting:

139.142.147.218

RSTG was down 11% today, and I know the weekly candle looks rather bearish so far, but I think that will change considerably by Friday. Most likely we'll end up with a hammer on the week.

T
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