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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: that_crazy_doug who wrote (101819)	4/4/2000 2:48:00 AM
From: tejek	Read Replies (1) \| Respond to of 1583674

For my clarification, what does it mean when it's 'overbought'? doug, Stochastic is an oscillator that establishes a stock's trading range based upon price. When stochastic indicates a stock is overbought, it suggests that the stock is at the high end of its stock price, the price at which theoretically investors will balk at paying. It is considered bearish. When a stock is oversold, it indicates that the price has dropped to the low end of the trading range and that is considered bullish. Its considered at the price that will attract investors to buy. Stochastic is used in TA mostly to determine when to enter or exit a stock. ted