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To: curious who wrote (1425)4/5/1998 1:34:00 PM
From: neverenough  Read Replies (1) | Respond to of 2616
 
Stochastic indicators are designed to identify Overbought and Oversold conditions. The Stochastic Oscillator compares where a security's price closed relative to its trading range over x-time periods. Values range from 0 to 100. Readings over 80 signal Overbought conditions(short term negative) while readings below 20 are regarded as an Oversold situation (short term positive). Stochastics are best used to time entry and exit points.

Nigel