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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (21005)12/14/2006 12:08:30 PM
From: Ken W  Read Replies (1) of 23958
 
Ray

I think CRAPPY would like to see 1.25 at a horizontal support line from the left side of the chart, but you know these greedy buzzard MM's will try and keep it away from there as it is too obvious. I figured a nickel would'nt make much difference one way or the other so got some at 1.30 for a bounce.

The %B came from "chart watchers" news letter that comes from StockCharts in my emails. So far it has worked out pretty well when combined with oversold STO's and a weak RSI...They put the parameters at 0 to buy and 1.0 on the sell. Backtesting it coincides with below 20 and above 80 STO's...It does seem to lead the STO's just a bit which is a good thing.

Ken
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