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To: Shack who wrote (3518)5/25/2001 8:59:53 AM
From: JRI  Read Replies (1) | Respond to of 209892
 
What do you stochastics show you this morn? Velo has us hitting the tops (highly overbought) in 15 minute, 1 hour, and longer stochastics...

(This is what I was looking for within first 2 hours yesterday....never happened....but this was the scenario that I wanted to start shorting)..

The only thing that is making me pause is it being a holiday-weekend....we could see low volume jello....Still, I am likely going to short any gap open, especially if it gets us to 2315 (fill gap from Wed.)....I like the r/r in getting in there, and forcing COMPX to break old high (2328)....

What do the waves and your stochastics say about this idea?