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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (72688)11/22/1999 7:52:00 AM
From: Ellen  Respond to of 120523
 
I seldom trade a stock that is more than 2 standard deviations above from its linear regression line.

Okay, I'm a dummy. What increment (if that's the fitting word) do you use as a deviation? And I have no clue what you mean by linear regression line.

Showing my ignorance, so please be 'gentle' in your response...:-)

[in other words, please explain it like I'm a 6th-grader <G>]