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

To: CatLady who wrote (268)	2/26/1998 3:35:00 PM
From: Wayners	Read Replies (2) \| Respond to of 927

The stock list is simply a compilation of those stocks that people on this thread have said they are interested in following. I chart a lot of stocks and probably was charting about half of those on that list. With regard to PNDA, I updated my chart based on today's activity using a real time quote. The trend is neutral. One more up day and you've got a positive trend. Volatility is due to increase--its just a matter of getting the direction right now. The 5 day stochastics are not showing any deterioration. If anything I'd consider a quick buy on any more price increase and a short on any breakdown in price--I'd say to below $5. I think the only way to get a handle on this one is with technical indicators on an intraday chart. At $5 1/4 this thing is right at the upper bollinger band. Anything higher is a breakout. Anything lower is a breakdown. Your pick.