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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (3767)2/27/1999 1:10:00 AM
From: freelyhovering  Read Replies (2) of 13094
 
Jim--I havent spoke at you for awhile. I hope all is well. I came accross an interesting and rather astounding confirmation of your 13 week moving average indicator tonight. As back ground to the discovery, I have been a fan of David R Evans since soon after joining up with SI. He helped me orient to TC2000 and encouraged safety in investing by the use of a few key indicators. In addition to his favorite StochRSI which cannot be duplicated on TC2000, he swears by the 13/34/89 Stochastic crossover as the final step in an investment decision and a crossing down as an immediate sell signal. When I went through your carryover list tonight, over 95% of the stocks in your list had the 13/34/89 Stoch in the buy range. In other words, your list is one of the safest and potentially profitable out there. Of course you knew that all along. But a little confirmation from other sources doesn't hurt.

Regards. Myron
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