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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (54573)	4/22/2002 6:48:13 PM
From: Jeff	Read Replies (1) \| Respond to of 99280

paul..anytime you are in overbought on the stoch....your first thought should be not to buy.... once the daily got up there..... i switched to the one month hourly charts and could clearly see them starting to roll over on the 17th..... thats my confirmation when dailys get overbought.... once i see the hourly confirmation.....i start looking for gaps that need filling..... hope you can see this hourly chart.... stockcharts.com[h,a]eaclyiay[da][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G you can never count on any one indicator.....so you have to have a system to confirm in all timeframes.....and you don't need to be a rocket scientists to do this....the simpler the better..... what i posted are just basic's everybody should know if they love their money....:-)