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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (3727)11/24/1997 8:33:00 PM
From: Iceberg  Read Replies (1) of 95453
 
> My favorite Stochastics clearly failed this time

Thean,

My interpretation of what you are saying is that a downturn from the top in stochastics isn't too meaningful in an uptrend - and an upturn in stochastics from the bottom isn't too meaningful in a downtrend either (now) .

Is this what you are suggesting? If so, it's consistent with my understanding of stochastics, and is a concept that would substantiate your views as posted. A comment or two on this would be most appreciated. Thanks.

Ice
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