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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Elllk who wrote (9083)11/3/1997 11:48:00 PM
From: Berney  Read Replies (1) | Respond to of 94695
 
Larry, not sure its volatility or price of the options. As an
accountant, have never read a book on TA (but on Bill's advice
am going to get Murphy's book).

I just simply put the stock up on the screen and looked at all
the indicators historically to see if I perceived they indicated
anything. Liked the Stochastic. Seems that when the little red
line went below the bottom horizontal line, and came back to the
little blue line, good things happen. The real TA types are going
to love this explanation!

Usually, this accompanied by every bear in the world being interviewed
on CNBC professing that this is the end. However, as you found in 87,
and I have not yet had to experience, one day they will be right, and
I'll be bear food.

Berney