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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (4409)	1/26/2004 9:06:01 PM
From: Ken W	Respond to of 23958

Joe NXTI looks like it has gone into one of those "wait and see" modes. Oversold/overbought is not based completely on STOCH's. While the chart you posted shows an overbought condition on the STOCH's the MACD disagrees as well as a short term crossover of a slower MA. stockcharts.com[m,a]daolyyay[pb50!c13][vc60][iUb14!La12,26,9]&pref=G RSI has moved to a flat line, so the stock is not showing any particular weakness or strength. Watch closely to see if the stock will begin to ride that 13dEMA (1.32) The 20dEMA is at 1.30 and above the 50dMA. That is where your answer will be. If MACD, STOCH's and RSI all get into there respective overbought areas and the stock is still at the present price then I'd bail. Ken