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Strategies & Market Trends : Technical Analysis - Beginners

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To: Craig DeHaan who wrote (10292)	5/21/1999 11:11:00 PM
From: gonzongo	Read Replies (2) of 12039

Craig- I know the guy(DE) quite well. He is a very clear headed trader. My question is that when we talk about an indicator - it is helpful to ourselves and our audience to explain how it can be used and why it is good. i myself am guilty of being remiss in this arena. So again where is it good? AOL's stochrsi 14 in QP crossed 30 on May 11 at 141- this has been it's high since then. MRK's StochRSI 14 crossed 30 at 74 3/8 on May 6- it spike up another 1 1/2 points the next day and has gone lower since. I am not questioning DE or you- just good to qualify what we say.

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