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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: RGinPG who wrote (9054)1/21/1998 8:37:00 PM
From: Thean  Read Replies (3) of 95453
 
Ron, your site is really helpful to me and I have it bookmarked. Thanks a lot for your work. Though I don't know for sure what parameter IQC uses for its stochastics, it is longer than yours. I think they use 15,7 versus your 12,3. As said during the darkest of days in Dec, 12,3 worked very well in predicting the three peaks we have had. IQC's stochastics was very well behaved during the up phase between April-September 1997. After looking at your OSX daily chart,
lonestar.texas.net
it struck me that there were two days at the peak in each of the last three peaks and the next days were decisive down days. Will history repeats? Will have to wait till tomorrow to find out.

I have not checked your S&P vs OSX site. Do you have a daily update or weekly update? It would be great if you can have a daily macro on this as well. It seems clear to me that this correlation follows even to the intraday level but with OSX having a positive bias. Very good stuff!
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