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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: patlew who wrote (3729)10/7/1998 10:05:00 PM
From: Secret_Agent_Man  Read Replies (2) of 18998
 
Most Overbought Stocks over the last 5 weeks
(ending 10/06/98)

The following list shows the most overbought stocks. An "overbought" condition is measured using four
popular technical indicators--the Relative Strength Index, the Stochastic Oscillator, the Commodity
Channel Index, and Momentum. Stocks that are extremely overbought have a high probability of
correcting to the downside.

However, the corrections are typically short-term.

equis.com

I am cured
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