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Strategies & Market Trends : Stochastics
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To: Dale Baker who wrote (327)3/10/1998 8:56:00 AM
From: Wayners  Read Replies (1) of 927
 
This is late as you asked about Aspect Development (ASDV) on 6 Mar 98. ASDV was never a good short because of the uptrend--Even with the high stochastics. Can't short using declining stochastics on an uptrend. It doesn't work. You can go long on an upward hook from the lower band on stochastics. ASDV closed yesterday at nearly $50 and I see no abatement to the uptrend. Close that short.
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