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


To: Dwight Schwarz who wrote (406)3/31/1998 8:50:00 AM
From: Wayners  Read Replies (1) | Respond to of 927
 
SEEK did very well using the system going back to last summer returning $56,000 on a $30,000 investement--and that's before weeding out signals that go against the underlying trend. Not too shabby. Right now the long term trend is up and the short term trend is pretty neutral with low volatility and pinched bollinger bands on price. Will be a good ride when it shows an upward break. Good support at $15 and upside resistance at $22 7/8. The last time the bands were this pinched the price went from $12.50 to $23 in just 4 weeks. Do you want to add SEEK to the list?