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


To: Wayners who wrote (260)2/26/1998 2:06:00 PM
From: JK  Read Replies (2) | Respond to of 927
 
SMOD-on my chart the top of the gap would be 36. Am I reading this right?

P.S.
After your reply #115 & #122 I have been trying to use the 5 day stoch parameters & match them with what you have on your nightly posts. However, my charts have the stoch going up when you say they are hooking down. If you could, go to icq.com. According to your post #115, for a 5 day stoch, I should use 120 for the period (far left choice) on a 15 min chart & 60 on a 30 min. chart. Can you check to see if this matches up with your 5 day stoch readings? Or am I still not understanding this?
Thanks for your time!
JK



To: Wayners who wrote (260)2/26/1998 2:09:00 PM
From: Jeff Jordan  Respond to of 927
 


If SMOD fills the gap, short it at $32.50--The top of the gap.


NO WAY!!!!!

I'll just buy and sell like I'm doing now...

Jeff