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Strategies & Market Trends : Stochastics
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To: TLindt who wrote (3)1/10/1998 1:34:00 PM
From: Roger Hess  Read Replies (1) of 927
 
Thanks for the link.

If you were 58 out of 60, I'm flattered you would ask me to explain stochastics. I don't quite understand it, either, but with your winning percentage, you should keep up with what you are doing. The part I like about it is that when it falls below 20, the stock goes back up most of the time.

You are the second person to tell me about MACD, now I will look at this also. WWW.IQC.COM didn't have MACD as an option, but I like what I see.

My hope from this thread is that more people will read it and share the companies they are following who fall in the < 20 range (or over 80).

I have started following about 60 tech companies and watch their stochastics every 2-3 days, but it is hard to keep up with them. If many people followed 50 different stocks like this, I'll bet we could find some real winners that we would not otherwise have found.

Thanks again!
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