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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: sandintoes who wrote (960)6/21/2005 10:14:15 PM
From: Walkingshadow  Read Replies (1) of 4814
 
Oversold is a relative term, and you have to consider the dominant current trend and how strong it is.

But in general, if the stochastics are below 20 and the stock or index is trading at or near the lower BB rail, I consider that oversold.

T
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