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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-67.5%Nov 7 11:47 AM EST
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To: joe who wrote (23748)11/2/1998 12:15:00 AM
From: chenys  Read Replies (2) of 45548
 
If you look at any historical charts, stochastic never fails to oscillate even though the price is largely going in one direction. Important to note is that the trend would never go up while the stochastic is going down. Therefore, a local maximum must be formed. And all peaked stochastic will be followed by a bottom somewhere.
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