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To: donald sew who wrote (34258)1/27/1998 12:38:00 PM
From: Alan Smithee  Read Replies (2) | Respond to of 58727
 
Hi Don:

As I mentioned to you before, I'm looking at WFC here. It's looking way oversold and is due for a bounce. Are you also looking at calls on WFC at these levels?

Thanks



To: donald sew who wrote (34258)1/27/1998 12:53:00 PM
From: Electric  Read Replies (1) | Respond to of 58727
 
Don,

Let me ask you directly about your analysis. I have asked in a few posts but you havent responded..

I gather that you get your overbought/oversold points from Stocratics right? I am sure you also use RSI and bolinger bands..

Tell me somthing.. I see many stocks and indexes that look on paper to be overbought etc.. Like AOL.. stocastics is like near 100...

How does one know the proper time to enter in this case? stocastics> 70 means way overbought, but when does one enter?

Do you use any other means to solidify your opinion?

And what other tools do you use to decide?

I havent seen true correlation as far as future prognostication based on any of these indicators.. So tell me what you can if you have a few minutes..

Thanks!!!!

E