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

To: jjs_ynot who wrote (388)3/26/1998 10:48:00 PM
From: Wayners  Read Replies (1) | Respond to of 927
 
I think PRMS is a good one. I lost a lot of money on it though over a year ago when I had no idea what I was doing. Lost because I didn't follow the number one rule--never fight the trend. Went from $16 to $8 overnight. Ouch. I'm going to continue covering it. I think its about to be a real good long play. 5 day stochastics got that last peak at around $28 pretty good. I like watching it and there are probably lurkers watching it as well. Sure I'll add your other pick too--NTBK. They may have the highest rates as well--to attract initial customers.



To: jjs_ynot who wrote (388)3/30/1998 1:20:00 PM
From: Wayners  Read Replies (3) | Respond to of 927
 
NTBK is in a nice solid uptrend. Using today's intraday data, its about to get another buy signal. One thing to watch is the succssive height of the most recent 5 day stochastics peaks. The last peak was a little lower, indicating that the current trend is only just starting to show some weakness--certainly too early to be exiting though--but something to watch. I think I failed to add NTBK to the list last week, but I've got it in there now.


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