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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%Jan 16 3:59 PM EST

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To: Lee Penick who wrote (11184)11/15/1997 10:43:00 PM
From: Gottfried  Read Replies (1) of 70976
 
Lee, I'm not a TA person either, but the "Trader's dictionary"
says...

traders.com

Stochastic
Literally means random.

Stochastics Oscillator
An overbought/oversold indicator that compares
today's price to a preset window of high
and low prices. These data are then transformed
into a range between zero and 100 and then smoothed.

GM
PS: not too helpful, huh?
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