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Strategies & Market Trends : Stochastics

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To: Jeff Jordan who wrote (154)2/13/1998 3:37:00 PM
From: Wayners  Read Replies (1) of 927
 
Okay. TDFX. Neutral trend at the lower bollinger band on price. Narrow bollinger bands. 5 day stochastics at $20. I'd go with a quick short with a tight stop. Risky play. A better play would be a buy stop above the last high. We agree on OXHP, ASND and RIG. I'd think about taking those profits on CFON since you shorted above $5. I assume you are a short term trader. Real good on GERN too. See if you can cover at $11.50 or so.
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