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


To: Wayners who wrote (164)2/16/1998 1:11:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 927
 
Looking for a website that will chart DJIA RT with Stochastics. quote.com has 1, 5 and 10 minute candlesticks. TIA



To: Wayners who wrote (164)2/16/1998 11:12:00 PM
From: R. Gordon  Read Replies (1) | Respond to of 927
 
Wayne,

I was reading over your analysis list for 2/13 and I feel like my data is not lining up with yours!!! I'm using Alphacharts.

Two of many examples:

>>>EFII $20.125--uptrend and 5 day stochastics at the lower bollinger band. Buy here.

I don't see this at all!!! Yes 20.125 is the price - but it appears in a downtrend - 5 day stochastics point down, I read upper bollinger band pointing downward, DMI shows a warning that the cautious uptrend may turn quickly south - I would be on sidelines and wait to see what it is going to do before I would jump in.

>>>ORCL $26.500--uptrend and narrow bollinger bands. 5 day stochastics at the lower band. Buy now or wait for hook.

ORCL appears to be in a downtrend, bollinger bands will only narrow if it comes down a good deal, 5 day stoch looks about half way down like it did with EFFI, with DMI, it is doing something I call "riding the rail" the D+ is riding on the D- line downward. As long as the + is above the - it is bullish but very cautiously so. If we get a day or two of upward movement - then that could be a strong buy signal - but till then, I'd be on sidelines.

In both stocks, the stochastic lines have moved below 80 and are aimed downward fast, bollinger pointed down. I don't understand why I am reading the exact opposite of what you see.

Richard



To: Wayners who wrote (164)2/18/1998 11:36:00 AM
From: Wayners  Read Replies (1) | Respond to of 927
 
Analysis at close on 2/16/98

AMAT $37.500--What the hell happened? Was about to go over $40. News? Downgrade? The trend is still up but not as up as before. Looks like AMAT will consolidate for awhile now.
AMZN $62.250--No play. Wait for a dip. 5 day stochastics going down from 80 on the uptrend. Bollinger bands are narrowing. Look for the hook.
ASND $34.875--Neutral trend. Buy on break of $35.
AVM $12.250--No play, but much closer to a short term buy. Its going into a larger consolidation pattern. Bottom appears to be right here for a quick play only up to $13 and change. Trend up is decreasing in strength and starting to go neutral. Won't be long before this is a no play.
AVNT $15.125--Still a good quick short. 5 day stoch less than 40 on slight downtrend and narrow bollinger bands. Not much price volatility available.
BMY $98.500--Still looking for a break below $97.50. Narrow bollinger bands on price and 5 day stochastics less than 50 and has crossed the 12 day moving average to the downside. Neutral trend not helping.
CADE $2.688--Good thing everybody here took profits. Good quick short. Neutral trend now. Seeya at $2 1/4.
CBIZ $16.875--Continued profit taking. Watch the trend carefully. Its still up, but slowing on the consolidation move. Everybody take profits and wait for bollinger bands to narrow and stocastics to bottom and hook before getting back in. If the trend ends up being damaged, i.e. down or neutral stay away and don't reenter. Beautiful hook on 5 day stochastics.
CEXP $9.625--Neutral to very slight uptrend. Long term trend is way down--so makes me nervous for ANY long positions. 5 Day stochastics look bottomed for a risky long play. Doesn't look like much profit potential though.
CFON $4.563--Another longer term downtrend to make it a risky long. No play. Narrow bands on neutral short term trend. Less than $5 so no new shorting allowed.
CIEN $55.938--Narrow bollinger bands. Quick buy period is over. Looking for the hook on 5 day stochastics to short on. Neutral trend raises the risk.
CKFR $27.438--Nice unexpected downgrade to throw TA out the window temporarily. Overdone selling in my opinion. Sent trend from up to neutral raising the risk for everybody. CKFR becomes a short term buy at the lower bollinger band on neutral trend play. Everybody should probably exit on the next peak in 5 day stochastics, unless the uptrend returns. Thank you Mr. Anal-ist. Didn't seem like a good reason for a downgrade.
CORR $12.000--Downtrend and narrow bollinge bands. Short play to $10. Risk bias definitely to the downside.
CPQ $35.063--Strong uptrend. Good buying opportunity yesterday intraday. 5 day stochastics at 40. Near a bottom. Still consolidating. Bollinger bands on price still not fully narrowed. Still looking for the stochastic hook too.
CTXS $68.813--5 Day stochastic less than 25. Neutral trend and narrow bands/colsolidation pattern. Can try a bottom fishing try at the lower bollinger band. Look for stochastic hook for a later entry long.
CYPB $2.750--Too bad can't short under $5. Narrow bollinger bands on neutral trend. 5 day stochastics showing the hook and the trend is slightly down. This is just the beginning. If anyone is long this thing here--GET OUT NOW.
DWRX $24.563--Strong uptrend. 5 day stochastics at lower bollinger band. Its going to be a buy again. Narrow bollinger bands. Looks good still for a break upwards.
EFII $20.125--uptrend turning into a neutral trend and 5 day stochastics at the lower bollinger band. Instead of buying here, look for a reveral in stochastics. Probably a good quick short.
GERN $12.375--5 day stochastic crossed below the middle bollinger band which is bearish. Try a quick short. Neutral trend and narrow bollinger bands make it a riskier play. Best way to play is to short at $13 1/2 and cover at $12 repeatedly.
IIT --Stochastics showing hook on a neutral trend. Can try to ride from $15 to $17.
IOM $9.063--Neutral trend. Narrowing bollinger bands. 5 day stochastics bottoming at 20. Good time to cover any shorts.
IRIDF $42.750--neutralizing uptrend. 5 day stochastics at 80. No play in its consolidation mode. Watch for break up or down. Downward break bias looking at 5 day stochastics.
JLG $14.750--uptrend. 5 day stochastics at 20 area. Try to buy when it shows the hook--its showing the hook right now.
LCCI $13.250--Close to profit taking on uptrend. Try a quick buy with tight stop.
LSI Slight uptrend appears to be neutralizing, bands narrowing, consolidation occuring. Take profits short term.
LTBG $13.875--Strong Downtrend. No play or quick short. Need some type of peak to short into.
LTXX $5.000--Don't like long term downtrend. Neutral trend and narrow bollinger bands. Stochastics at 20. Try buying on a hook, but better short play over $5.00 at the upper bollinger band on price and peak in stochastics.
MEDA $10.313--uptrend undergoing profit taking and consolidation.
MIND $17.313--Stochastics at 20 and price at the lower bollinger band. Buy on hook in stochastics or at the lower bollinger band for bottom fishers. Neutral trend increasing risk.
MUEI $13.125--uptrend but appears to be neutralizing increasing risk. Showing a weak hook.
NORT $1.375--downtrend and can't short it. Stochastics are less than the 12 day moving average which is bearish.
NSCP $21.625--uptrend and 5 day stochastics at 50. More upcoming consolidation. Bollinger bands have a ways to go before they are fully narrowed. Write covered calls if you are long.
ORCL $26.500--uptrend now neutral and narrow bollinger bands. 5 day stochastics at the lower band. Must wait for the hook or buy at the lower bollinger band on price.
OXHP $19.250--uptrend heading towards neutral and 5 day stochastics at the lower band. Look for and buy on hook on stochastics.
PNDA $5.000--slight downtrend--no play. Last chance to short it.
PRMS $27.750--Slight downtrend and and narrow bollinger bands. 5 day stochastics appear now to be peaked. Quick buy over. I'd strongly consider shorting it.
PSIX $8.125--I hate this stock. Slight uptrend. Wait for $9 to short it.
QWST $67.000--News out on this one.
RIG $41.938--Neutral trend. At lower bollinger band on price. Narrow bollinger bands too. Try buy at lower bollinger band.
SCTC $42.375--Narrowing bollinger bands on a neutral trend. Further consolidation is likely. Showing hook on stochastics. Bias currently for upward break.
SHVA $12.438--on an uptrend. Quick buy over. At beginning of consolidation phase/profit taking.
SMOD $34.063--uptrend on profit taking consolidation. Look for stochastic hook to buy.
SOCR $7.500--slight downtrend and near a peak.Showing the hook. Short the hell out it right here. Best short play in the list IMO.
SUNW $44.375--looks like a quick short. Will be a great short term short on the next peak in stochastics. The trend is DOWN now.
SYNT $21.813--on an uptrend. Quick buy over. Consolidation phase is just starting.
TDFX $23.250--slight downtrend. Look for short at the next peak/hook in 5 day stochastics.
TMX $50.938--on an uptrend. 5 day stochastics at 20. Buy on first hook or at lower bollinger band.
TRBO $9.500--Neutral trend. Quick short only.
TSSW $2.969--Quick buy on break worked well. On an uptrend. Don't get too greedy.
VECO $34.000--Entering consolidation period.
WCII $35.375--Continued consolidation. Looks like uptrend is getting weary. Looks like only small profit potential is available on the long side.
WTT--Long basing pattern. Bias for upward break.