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

To: Speed Racer who wrote (51)	2/6/1998 8:48:00 AM
From: Wayners	Read Replies (1) \| Respond to of 927

I think you've got stochastics down pat. DIMD, CACC, ARX and HMTT are all high volume stocks showing significant investor interest. This ensures narrow spreads, excellent liquidity and it also helps enable intraday chart analysis. Very good. I concur with each of your recommendations. DIMD is a real good one for some quick $$$. I agree 100% on CACC, nice donwntrend (DT) on a peak. Watch ARX for the next cycle---or for those that want to take additional risk--because this fights the trend watch for the price/volume divergence at the top. The volume yesterday was so high that this tactic will mostly likely work here. Use tight stops however. HMTT does indeed have a very high stochastic, the trend is neutral (NT) to slightly down. I'd say HMTT needs more of a break to the downside before hopping aboard with a short position.