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To: Terry Whitman who wrote (34874)5/23/2000 4:39:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 42523
 
Good call Terry.

Yea, my point applied more to the dailies than intraday. You've got thousands of folks out there talking about stochastic, or whatever, being oversold in the face of pretty obvious pattern breakdowns. 90% of these people don't understand the indicators and how far back they depend on historical data. I like indicator divergences, but apart from that I find trading indicators is almost useless.

BWTHDIK. --Allan