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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Lucretius who wrote (4524)12/5/1997 11:10:00 AM
From: Jeffrey Beckman  Read Replies (1) of 95453
 
The emotional rollercoaster continues (g). Rambling TA question: We've been using stochastics under Thean's helpful guidance. I've noticed though that he and others have been mentioning Bollinger Bands a lot lately. Do these now take precedence over stochastics? In this regard, MIND, while only down to 20% on the stochastics, has a lot of room to the upper BB. Also, the BB points upward rather than falling straight down, as with some of the fallen stocks. So, is this now technically in a good position, or is more correction for the stochastics expected?

Thanks,

Jeff
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