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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Uncompaghre who wrote (3972)1/20/1998 11:00:00 AM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
I have DSPG on my short watch list, because first, the -D1 indicator is still greater than the +D1 indicator, and ADX is above 35...That tells me the trend is still negative....Then I use my fast stochastic 9 day to determine when the stock is overbought....A reading above 80 puts me on alert...Finally, I watch for deceleration in momentum to
determine if this one is a potential for shorting...It only has today and tomorrow to show me this...If not, it is tossed as a potential for
now....Regards, Mark