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Strategies & Market Trends : Charts for Quick CASH $$$ -- Ignore unavailable to you. Want to Upgrade?

To: james snover who wrote (6570)	3/4/1998 8:16:00 PM
From: Galirayo	Respond to of 9262

[ Chart Chat ] Jim, I use a lot of different indicators to determine when an issue is overbought or oversold. Stochastics is one I really like. AMLN .. I see it overbought and starting to do a down move on 02/20. ABTE .. Using the same indicator. It happened on 2/10. It may move up a bit now. ADTK .. On 2/23. If my F&Slo1 Scan was finished on 12/26 you would have found it there then. All 3 of these are in a Bit of a Stochastics Downtrend. How far the price will move with the Downtrend?? Or how long it will last ?? It's Uncertain. The Moving averages look ok. I try to find them at the other end of the Spectrum. Oversold. I won't ask about Who picked these. But all 3 are Overbought and will need time to move up again. Unless they .... Surprise me ... Some do .. but not many .. and usually not very long. Hope that helps, How's your hand doing? Ray