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


To: Wayners who wrote (68)2/9/1998 3:14:00 AM
From: R. Gordon  Read Replies (1) | Respond to of 927
 
Wayne,

I've noticed a few times that 95% of the stocks I was watching (with stochastic) all showed that they were ready to fall at exactly the same time. It was like watching a long wave about to break all at once. Most of the times this has occurred, the major markets fell considerably. Have you ever seen this? My thinking is that we should look for stocks that have the greatest volatility in such cases. I've heard that most IPOs fail in the first two years - this may be a good place to look for stocks that could fall hard.

Richard