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


To: TATRADER who wrote (4255)1/30/1998 3:20:00 PM
From: JK  Read Replies (1) | Respond to of 7396
 
Thanks Mark! You are very generous with your time & knowledge. I have been following your picks & trying to learn from them. I have a question about JMED. I saw where one of the many indicators you like is fast stoch >80= overbought. I'm showing JMED on 1-22 stoch>80 &
price @ $40. I saw your entry was around $36. At that pt. I'm showing stoch @ 16 & RSI @ 26. I know you use many other indicators,
but I'm trying to see when to enter. I believe you are playing the momentum & jumping on for the ride. But, with my limited knowledge
the above numbers might make me see that it's almost oversold. If you don't have time to answer I understand.
Thanks again.
JK