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

To: Sergio H who wrote (18852)	8/26/2006 11:29:22 PM
From: Galirayo	Read Replies (2) \| Respond to of 23958

[ALA] Sergio .. Not Sure but it kinda looks like it at the moment. Here's how I'm thinking .... You know how Ken says ... "It's Over Bought" ?? Well he uses Fast Sto .. I use Full or Slow Sto. On the Daily Full Sto .. it's getting close to Overbought. stockcharts.com HOWEVER !!!!! ... Even the Full Sto can Stay Over Bought for a Long Time. It's not a reason to shy away from a stock. Some of the folks on the Quotes Plus Thread used to write Code to Find those Over Bought Conditions as they gave the Biggest ... %AGE Gains in the Least amount of Time. "Time Value of the Dollar" and "Multiple Turns" and all that stuff .. you know ?? It's Exactly the opposite of Holding onto a Loooooser as it slowly drains pennies away or does absolutely nothing. That being said ... the daily is close to over bought ... but he WEEKLY looks like it is just beginning to Boil as it is Over Sold and trying to show a Cross Over. I'm not very keen on the weekly Harami though. Looks ... how to say .... un nerving. stockcharts.com So basically ... I don't have any clue at the moment. Try this ... it'll try and make a right shoulder here on the daily between 11.83 and 12.60 for the Inverted One ??? Cheers ! Ray