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

To: Roger Hess who wrote (216)	2/20/1998 9:39:00 AM
From: Wayners	Read Replies (2) \| Respond to of 927

Analysis at close on 2/19/98. AMAT-Was up 0.88. Narrow bollinger bands with the uptrend still intact. Won't break up until 5 day stochastics bottom. 5 day stochastics are starting to curve a bit but their still pointed down. AMAT will break up within next three day. AMZN--The break has happened. Time to buy it. ASND--Solid uptrend. (Not a Neutral trend). Bollinger bands on price are now at their narrowist. I think its time to buy again. AVM--Trend has turned downward on narrow bollinger bands. This thing is going to go lower. Time to exit long positions. AVNT--Basing out on little volatility. Very narrow bollinger bands on price. 5 day stochastic showing upward hook. With the 5 day stochastics in its current position, the current bias is still for an upward break. BMY--Very close now to breaking below $97.50. The trend is down now, bands widening and 5 day stochastics are quite high but not showing the hook yet. This is developing into a real good short play. CADE--Another down day on neutral trend. Again, good thing everybody here took profits. Seeya at the lower band at $2 1/4 CBIZ--I think its just a matter of time before this breaks upward again. Continued profit taking/consolidation now. Watch the trend carefully. CEXP--Slight uptrend. About to pop uwards a bit. Long term trend is way down--so makes me nervous for long positions. 5 Day stochastics look bottomed, but no hook. I'd consider a long position now. CFON--Dropped 0.3125. 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--Narrow bollinger bands. Quick buy period is over. Price near upper band, gently curving downward 3 day moving average. 5 day stochastic showing the hook. Great short term short play.--This was the call yesterday. Anybody that actually did it would have CLEANED UP on the earnings warning. CIEN is going to open DOWN 14 points!!!! CKFR- CKFR is a risky short term buy at the lower bollinger band ($22.50) on neutral/slight downtrend play. Three days at the lower bollinger band on price--a usua short term reversal point. CORR--Downtrend and narrow bollinger bands. Didn't break down--shows the risk of playing narrow bollinger bands. Upward break makes it a buy now. CPQ--Strong uptrend. Again Good buying opportunity. Bollinger bands fully narrowed now. 5 day stochastic has now hooked. CTXS--Third day of touching lower bollinger band on price. Usually a reversal day. This stock trades between the bands. Looks like a short term buy. 5 day stochastics have hooked upward. Risk brom slightly down trend. CYPB--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. Band narrow but not dropping drastically. Bands are so narrow here got to wait to see the break. DWRX--Another big upday. Strong uptrend. 5 day stochastics showing the hook again for upward move. Narrow bollinger bands. Breaking upwards again. EFII--uptrend turning into a neutral trend and 5 day stochastics at the lower bollinger band. Looks like a buy to me. GERN--5 day stochastic crossed below the 20 level. Looking for a bottom here. 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. Can also buy at $12 and sell at $13 1/2. IIT --Another up day--but with the short term downtrend--its starting to look like its close to a top. Don't be afraid to take profits today. IOM--Down slightly Neutral trend. Price at the lower band. Last chance to cover shorts short term Time to cover shorts. Narrowing bollinger bands. 5 day stochastics bottoming at 20. Slight hook now showing for upward move. IRIDF--neutralizing uptrend. 5 day stochastics hooked downward. No play in its consolidation mode. Watch for break up or down. Downward break bias looking at 5 day stochastics. Another risky narrow bollinger band play. Bias for downward break. JLG--uptrend. 5 day stochastics at 20 area. Great play yesterday. Still a good quick buy. LCCI--Profit taking is occurring. 5 day stochastics showing nice downward hook. Not at a bottom yet. Uptrend still is intact. LSI Slight uptrend appears to be neutralizing, bands narrowing, consolidation occuring. Take profits short term. Have a slight hook for a buy. Trend is neutral. Must be a real quick buy play. Limited profit potential of a dollar or two. Probably further consolidation near term. LTBG--Strong Downtrend. No play or quick short. Need some type of peak to short into. Not showing any price movement--just basing out. LTXX--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. Looking for a quick upward pop. MEDA--uptrend undergoing profit taking and consolidation. No play still. MIND--Stochastics at 20 and price at the lower bollinger band. Downtrend has developed. Look for peak in stochastics w/hook to short into. MUEI--Another strong up day. Strong uptrend remained intact. Showing a strong hook now. Looks like a strong/quick buy to me. NORT--downtrend and can't short it ($1.50 stock). Stochastics are less than the 12 day moving average which is bearish. NSCP--uptrend remains intact and 5 day stochastics under 20. Buy here or wait for the hook. ORCL--uptrend now neutral and narrow bollinger bands. 5 day stochastics at the lower band and under 20. Must wait for the hook or buy at the lower bollinger band on price. OXHP--uptrend heading towards neutral and 5 day stochastics at the lower band. Look for and buy on hook on stochastics. PNDA--slight downtrend--no play. Under $5 now--can't short it anymore. 5 day stochastics hooking downward. PRMS--Slight downtrend and and narrow bollinger bands. 5 day stochastics appear now to be peaked. I'd strongly consider shorting it. PSIX --I hate this stock. Slight uptrend. Short on next peak in stochastics or at the upper bollinger bandt. Trend is neutralizing before going down.. QWST--Downtrend--short at the next stochastics peak. Exit any long positions then too. RIG--Neutral trend and too unpredictable to play.. SCTC-Narrow bands now indicating downward break. Slight downtrend now. SHVA--on an uptrend but consolidating for next move. SMOD-Hooking on stochastics. Buy. SOCR--slight downtrend and near a peak. Waiting for break. SUNW-- Will be a great short term short on the next peak in stochastics. The trend is DOWN now. SYNT--on a strong uptrend. May still want to try a quick buy. TDFX--neutral trend. Look for short at the next peak/hook in 5 day stochastics or buy for ride to top band. TMX--on an uptrend. 5 day stochastics at 20. Showing the hook for a buy. Its a short term buy here. TRBO--Neutral trend/slight uptrend. Looks good for a long now. TSSW--Quick buy on break worked well. On an uptrend. Don't get too greedy. Take profits. VECO--Entering consolidation period. WCII--Continued consolidation. Looks like uptrend is getting weary. Looks like only small profit potential is available on the long side. WTT--Broke upward. Take profits when momentum begins to slow.

To: Roger Hess who wrote (216)	2/20/1998 5:46:00 PM
From: Wayners	Respond to of 927

Analysis at close on 2/20/98. NASDAQ--Still on a hot uptrend. Narrow bollinger bands. Ready to make another strong run upwards. Looks real good for technology and small caps. AMAT- The uptrend is looking more neutral after today. Won't break up until 5 day stochastics bottom--I think they're bottomed now. 5 day stochastics are flat and ready to curve upward. AMAT will break up within next two days. Volatility is increasing AMZN--The break has happened. Was up 0.50 today. Going to go higher. Still time left to buy it. ASND-- Up 0.50 on a solid uptrend. (Not a Neutral trend). Bollinger bands on price are now at their narrowist. Still plenty of time left to buy into this one. Volatility is increasing AVM--Trend has turned downward on narrow bollinger bands. This thing is going to go lower. Time to exit long positions. Good quick short. Volatility is increasing. AVNT--Basing out on little volatility. Very narrow bollinger bands on price. 5 day stochastic getting high again. Doesn't take long for changes in stochastics with really narrow bollinger bands/low volatility. With the 5 day stochastics in its current position, the current bias is still for an upward break but this can change rapidly. BMY--Still holding out just above $97.50. The trend is down now, bands widening and 5 day stochastics are quite high but not showing the hook yet. This is developing into a real good short play. Look for the hook. Volatility is likely to increase. CADE--5 day stochastics below 20. Neutral trend. Seeya at the lower band at $2 1/4 to maybe $2 5/16. Volatility is decreasing. CBIZ--I think its just a matter of time before this breaks upward again. Continued profit taking/consolidation now. Watch the trend carefully. The uptrend is real nice. CEXP--Slight uptrend. About to pop uwards a bit. Long term trend is way down--so makes me nervous for long positions. 5 Day stochastics look bottomed, but no hook. I'd consider a long position now. Volatility is decreasing so I think upward profits will be somewhat muted. CFON--Was up 0.75 today. Another longer term downtrend to make it a risky long. Good short over $5. Closed a little below that. The trend is nicely down. Volatility is decreasing. A short on Monday at about $5 1/4 is free money. CIEN--No play after freefall. CKFR- CKFR reversed after 3 days at the bottom. Looks like a good short term buy here. The system worked. Volatility is increasing so its in for a real good price move up here. 5 day stochastics are showing the necessary hook also. Load up the truck with plenty of shares. CORR--Good short term buy. CPQ--Surprising breakdown on a strong uptrend. The trend is still up making me think that today's action was a fakeout to the downside. Don't panic. Another good buying opportunity. Bollinger bands fully narrowed now. CTXS--The trend is down now. Only good for shorting on peaks in 5 day stochastics. Until that happens no play or quick short. . CYPB--Volatility due to start incresing. Narrow bollinger bands on neutral trend. 5 day stochastics showing the hook and the trend is slightly down. Band narrow but not dropping drastically. Bands are so narrow here got to wait to see the break. DWRX--Down 0.88 but uptrend still intact. Will have a bit more consolidation before making next strong upmove next week. EFII--uptrend turning into a neutral trend and 5 day stochastics at the lower bollinger band. Looks like an early buy to me. GERN--5 day stochastic crossed below the 20 level. Looking for a bottom here. 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. Can also buy at $12 and sell at $13 1/2. IIT --Looks like a top to me. Can try a risky quick buy. IOM--Downtrend picking up again. Could be a real good short on the next runup. Gotta stay above $5. 5 day stochastics below 20 still. I'd cover and move onto another sure thing. IRIDF--Volatility to begin increasing. A must to make $$$$. That uptrend is turning into a downtrend. 5 day stochastics hooked downward. That downward break bias I was looking for has occurred. Looks like an outstanding quick short, but I'm thinking longer than that is likely. JLG--Disappointed today by losing 0.50. The uptrend is still intact. 5 day stochastics at the 60 area. Meant to say at 80 yesterday but wrote 20 instead. Volatility is decreasing. Rexamine in a day or two to decide what its going to do. LCCI-Uptrend is intact. Volatility is decreasing. 5 day stochastics showing nice downward hook. Not at a bottom yet. I think the next upmove will be a limited price move. LSI Slight uptrend appears to be turning into a downtrend, bands narrowing, consolidation occuring. Look for an oppotunity to short it in the near future. No play for now. LTBG--5 day stochastics are at its upper band. Strong Downtrend. Volatility is decreasing rapidly. Not much money to be made. No play LTXX--Volatility is ready to increase. Looks like its setting up for a nice short. Don't like long term downtrend. Slight downtrend and narrow bollinger bands. Stochastics have hooked upwared--but don't be suckered into buying too much into this hook. MEDA--uptrend undergoing profit taking and consolidation. Looks like this one has potential to slip into a downtrend. Watch for a potential short for now. Its done it before. MIND--Stochastics at 20 and price at the lower bollinger band. Downtrend has developed. Look for peak in stochastics w/hook to short into. Volatility is increasing-- A must for actually making dollars. MUEI--Volatility due to increase. Slightly down today. Strong uptrend remained intact. Showing a strong hook now. Looks like a strong/quick buy. NORT--downtrend and can't short it ($1.50 stock). Stochastics are less than the 12 day moving average which is bearish. NSCP--uptrend remains intact for now but could easily slip into a downtrend. 5 day stochastics under 20. Strongly advise waiting to see a hook before going long. One more down day and jump on the short mobile. Volatility is due to start increasing. ORCL--Volatility due to increase. Uptrend now neutral and narrow bollinger bands. 5 day stochastics at the lower band and under 20. Showing a small hook. Risky play here. OXHP--uptrend up. Nice upward hook on stochastics. Looks like a good buy. PNDA--slight downtrend--no play. Under $5 now--can't short it anymore. 5 day stochastics hooking downward. PRMS--Broke downwards. Slight downtrend and and narrow bollinger bands. I'd strongly consider shorting it still. Volatility is increasing to the dowside. Real good short play to jump on. PSIX --I still hate this stock. Slight uptrend. Short on next peak in stochastics or at the upper bollinger bandt. Trend is neutralizing before going down. I think its a quick buy here. Sell it at $9 and short shares at that time also. 5 day sotchastics hooking upward. QWST--Volatility is increasing. Downtrend--short now or next stochastics peak. RIG--Volatility is still decreasing. Neutral trend and too unpredictable to play.. SCTC-Volatility ready to start increasing REAL soon. Narrowist bands now. The trend is dead nuts neutral--so no help there. High 5 day stochastics and downward trend on the 5 day stochastics gives it a downward break bias. SHVA--Volatility is decreasing. On an uptrend but consolidating for next move. SMOD-Dropped badly on news. The trend is still up so don't panic. Volatility is increasing. 5 day stochastics at the lower band. I think its going to quickly bounce back. SOCR--Volatility continues to decrease. slight downtrend and near a peak. Waiting for a break after more basing. SUNW-- Volatility is decreasing. Will be a short on the next peak in stochastics. The trend is DOWN now. Lower volatility may decrease profits on the short. SYNT--on a strong uptrend. May still want to try a quick buy. TDFX--neutral trend. Look for short at the next peak/hook in 5 day stochastics or do a quick short. TMX--Volatility is increasing. On an uptrend. 5 day stochastics at 20. Showing the hook for a buy. Its a short term buy here. TRBO--Volatility is increasing. Neutral trend/slight uptrend. Looks good for a long now. TSSW--Good thing everybody took profits as it was down sharply today. VECO--Entering consolidation period. WCII--Continued consolidation. Looks like uptrend is getting weary. Looks like only small profit potential is available on the long side. WTT--Broke upward. Take profits when momentum begins to slow. Still a good quick buy.

To: Roger Hess who wrote (216)	2/21/1998 2:31:00 AM
From: R. Gordon	Respond to of 927

Roger, If you would like to get a COMPLETE list of stocks with Stochastics below 20 - I have a solution. Go to iqc.com and download the software for free. Once you have it up and running WITHOUT a password, (you need a password to gain full access to the system) click the scan button, then click indicator, stochastics, and set it below 20 and you have a complete list. It also lists the volume so you can quickly eliminate ones with low volume So here are a few with good volume: CA CASY CBS CCH CDG CERN CHE CHSE CHTL CIR CLI