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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (3910)12/25/1998 7:31:00 PM
From: Glenn  Read Replies (2) of 90042
 
Regarding point one, I thought it would be fun to check out the charts.
The first I looked at was:
iqc.com
This chart was for close of business on Dec 23.

The charts below the stock price chart are typically meaningful to position traders.
I then went to another site to get another chart:
clearstation.com
These charts were for close of business on Dec 24.

The MACD on both charts looked good and are rising, but
notice that the stochastics showed a downward trend which IMO means watch it closely before jumping in.

Probably obvious to all here but I think the moving averages are helpful for position trading.

Hope this helps.
Smiles,
Glenn
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