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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (788)7/22/2001 9:53:43 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
I’m taking a hike!

I'm headed to the mountains for a day hike back to a waterfall to have lunch. If all goes well Ill link you some pictures when I get back.

Ill also do your TA this afternoon too.

:8-)



To: sandintoes who wrote (788)7/22/2001 3:25:08 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Re: BA

BA is very mature in its current cycle up. The buy signal occurred on July 11th.

askresearch.com

Your observation about the stochastic indicator being high is a correct one. You stand a much better chance to trade for a short-term gain if you buy when stochastic first signals below 20.

Notice the bollies have tightened and are forming a channel. I suspect a move back to support ($54ish) will happen within a week or two. Not much short-term momentum left based on MACD.

JMO