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To: Jonathan Cleveland who wrote (4820)4/4/1998 6:22:00 PM
From: stan s.  Read Replies (1) | Respond to of 7054
 
Jonathan, that chart was in response to Doug's previous post (4816)
Those Stochastics are set at 13, 25, 2.

In reality there are two lines but it's covering almost two years
so they tend to appear as one.

I could have used different colors but I didn't want to obscure the point.
In this instance Doug's reference was to show the strength and safety
at a particular point that he had taken note of....hence the freelance
threshold line.

As you know, the longer one is involved in TA the more comfortable
one becomes with styling indicators to suit ones taste.

Someone as proficient as Doug......obviously has learned that art and earned
the right.

Good luck,

Stan