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

To: Wayners who wrote (511)	4/17/1998 9:18:00 PM
From: P2V	Read Replies (1) \| Respond to of 927

Wayne, Thank you very much for your attempts to inform the ignorant, like myself. To my untrained eye, it looks like TXN is a Buy right now. Ref 207.95.154.130 Any comments on this stock ?? Regards, Mardy ( lurkin' )

To: Wayners who wrote (511)	4/18/1998 6:27:00 PM
From: Risberg	Respond to of 927

Wayne, thanks again for adding DBCC to your list and tracking it carefully. A minor point -- it actually fell to 5 5/8, which was exactly at its rising 20-day moving average. I've had lots of luck buying after such 20MA bounces, and I agree this stock is ready for significant upside.

To: Wayners who wrote (511)	4/20/1998 11:35:00 PM
From: Wayners	Read Replies (3) \| Respond to of 927

Stock Update 4/20/98 close. Updated NASDAQ thru XCIT. This thread analyzes and discusses forecasts for the following stocks (NASDAQ index too) using a trading system based on a variation of stochastics, trading with the trend and trading against the trend on volatility spikes. Bollinger bands and volatility are key elements of the method. Also use some regular support and resistance level work: NASDAQ..ADPT..AMAT..AMD..AMGN..AMZN..AOL..ARX..ASA..ASND.. AVM..AVNT..BBIOY..BMY..BNYN..CADE..CBIZ..CDRD..CEXP..CFON.. CIEN..CKFR..CLST..COMS..CORR..CORX..CPQ..CTXS..CYBR..CYCH.. CYMI..CYPB..DELL..DIMD..DSYS..DWRX..EFII..FONR..GDT..GERN.. GTW..HD..HRSH..IDTC..IHS..IIT..INTC..IOM..IRIDF..JLG..KLIC.. LCCI..LSI..LTBG..LTXX..MAIN..MEDA..MIND..MPDI..MSFT..MUEI.. NORT..NSCP..NTBK..ORCL..OXHP..PNDA..PRMS..PSIX..QCOM..QWST.. REMC..RIG..RMBS..RMDY..SEEK..SFY..SHVA..SMOD..SOCR..SUNW.. SYNT..TDFX..TMAR..TMX..TRBO..TSSW..TTRR..UEIC..UTX.. VECO..VLSI..WCII..WTT..XCIT.. All commentary is at the time of the last signal received except for some of the notes I've inserted. Signals are based on 12 day bollinger bands on %K=5 and %D=3 stochastics. Signals are generated as the stochastic line crosses one of five bollinger band lines (See Post 500 for an Index of this Thread). I manually edit the signals based on the trend mostly. A "buy" means go long only. A "buy to cover" means cover any open short positions, but does not mean go long. A "sell" means sell any open long positions but does not mean sell short. A "sell short" means go short only. Many times the signals are too late because the price move on the day of the signal was very large. Look for signals where the stock has not already moved very much. This advice will keep you out of trouble. Also, always use stops. Happy trading. With tight/narrow bollinger bands, the signal generated with stochastics are often 180 degrees out of phase because of the delay involved in getting the signal on past data. On tight bands, it can be profitable to consider selling on buy signals and buying on sell signals until the actual breakout occurs. NASDAQ Last signal buy on 13 Apr. Uptrend is now neutral. I'd expect resistance at the upper band at 1860. (15 Apr note--upper bollinger band is widening upwards indicating a break past 1860 now too. Big tech rally. I've got calls on PSFT and ASND and will have more cash available on Monday--wrote covered puts that I'm going to get called out on.) ADPT Last signal buy on 15 Apr. There's the breakout upward. Resistance on the upside is at $22.50 to $25. (20 Apr note--Appears close to a sell signal.) AMAT Last signal buy on 14 Apr. The trend is absolutely flat. Expect strong resistance at the upper bollinger band at $38.75. AMD Last signal buy on 15 Apr. Still on an uptrend. AMGN Last signal sell short on 15 Apr. Its on a good downtrend. (17 Apr note. Weird move today. Must have been news related. Still not covering.) AMZN Last signal sell on 17 Apr. Try to buy back in at support level of $87. AOL Last signal sell on 17 Apr. Try to buy at support level of $70. ARX Last signal buy to cover on 14 Apr. Still in a downtrend. (20 Apr note--tough call. Slight uptrend and sell signal on stochastics but the price went up all day from the open. I don't think I'd sell it.) ASA Last signal buy on 15 Apr. Its showing break upwards. A break upwards goes to resistance just under $27.50. ASND Last signal buy on 8 Apr. Trend is up slightly. Today was a breakout. Volatility is increasing to the upside. I'd expect resistance at $45. Buy in the money calls to keep delta low and decrease amount spent for time value. (17 Apr note--its done the breakout in my opinion. Volatility is increasing to the upside. Buy in the money calls for May.) AVM Last signal sell short on 15 Apr. Trend is down slightly. Support at $12 even. (20 Apr. note--closed near support today at $11 7/8. I'd stay short.) AVNT Last signal sell short on 15 Apr. Trend is looking sick now. A good short. Made it up to $21.125 and not quite to our target of $21 7/8. BBIOY Last signal sell short on 15 Apr. Still in a downtrend. BMY Last signal buy or buy to cover on 17 Apr. Its a bollinger band play, lower band to the upper band. BNYN Last signal buy on 6 Apr. Still in an uptrend. Volatility is dropping off dramatically. Looks like a major decision point. Uptrend gives it an upward bias for a break. Resistance is at $6.50. Stochastics still a buy supporting the upward break scenario for now.(20 Apr note--there's no stopping this thing. Just hold on for more and keep raising that trailing stop. Use the previous days low as the stop and just keep moving it up.) CADE Last signal sell on 17 Apr. Another bollinger band play. Play between the upper and lower bands because of the flat/neutral trend. (20 Apr. note-looks like its decided to break to the upside. Might have been news related.) CBIZ Last signal sell or sell short on 6 Apr. neutral to slightly down trend. Volatility is at a minimum. (9 Apr. note--Looks like a stop out on short. Breaking out to the upside.) CDRD Last signal buy on 20 Apr. Real good uptrend and pinched bollinger bands. Should break upwards for a real good play. CEXP Last signal sell on 16 Apr. Look for reentry below $10.50. CFON Last signal sell short on 8 Apr. (Can't short under $5). CIEN Last signal buy on 20 Apr. (20 Apr. note--its breaking upward. Its a buy in my book.) CKFR Last signal buy on 26 Mar. There was that long awaited signal. The uptrend is still intact. Remember there is still resistance at $24 to $25. (20 Apr note--bands are getting very, very tight. I'll give it a bias for an upward break based on the uptrend and stochastics.) CLST Last signal buy or buy to cover on 13 Apr. Neutral trend so buy it and sell at the top band at $35.50 or just beyond it. (20 Apr note--about to give a sell signal.) COMS Last signal buy on 20 Apr--good upbreak today. I think it has bottomed. CORR Last signal sell on 7 Apr. High volatility, price stalled at a resistance level and stochastics are about to give a sell signal. Time to take profits on long positions. (20 Apr note--still looks like CKFR. Very very narrow bollinger bands with a bias for an upward break based on the uptrend and stochastics.) CORX Last signal buy on 17 Apr. Still a good uptrend. CPQ Last signal sell or sell short on 20 Apr. The trend is fairly neutral. (20 Apr. note--I don't trust the sell signal because it was an upday and gives the appearance that it bounced off of the middle band.) CTXS Last signal sell on 16 Apr. CYBR Last signal sell short on 17 Apr. The trend is down. CYCH Last signal sell on 17 Apr. Still a good uptrend. May want to write covered calls on peaked volatility. (20 Apr. note--I'm looking for a drop to $19 to $20 area based on very high volatility.) CYMI Last signal buy on 14 Apr. Trend is still up and its going much higher. CYPB Last signal buy on 13 Apr. Good uptrend and high volatility. DBCC Last signal buy on 17 Apr. Didn't quite challenge $5.25. Went as low as $5.75. Its going to move another step higher--higher high. Stochastics are reversing to upside. DELL Last signal sell on 15 Apr. Risky play (the sell signal that is) becuase of the narrow bands/low volatility. Still in an uptrend too. (20 Apr. note--about to give a buy signal. It appears to breaking upward here.) DIMD Last signal sell short on 17 Apr. DSYS Last signal sell or sell short on 14 Apr. Trend is neutral. Seeya at $6.00. DWRX Last signal buy to cover on 9 Apr. EFII Last signal buy to cover on 8 Apr. I think its a sucker rally that will be shortable again. The trend is down. (15 Apr note--dropping to support at just above $20.) FONR Last signal buy to cover on 8 Apr. Don't cover long term shorts since its under $5.00. GDT Last signal sell short on 27 Mar. The trend is down. (15 Apr. note--dropping to $70) GERN Last signal buy to cover on 8 Apr. Cover at the lower bollinger band. (15 Apr note--its right at a good support level. A countertrend rally goes to $12.50) GTW Last signal sell on 17 Apr. I'm skeptical of the signal because of the narrow bollinger bands and possibility of a break upwards. (20 Apr note. Being skeptical was right. GTW is breaking upwards as upward volatility increases.) HD Last signal sell on 16 Apr. HRSH Last signal buy to cover on 20 Apr. Still a good downtrend. IDTC Last signal sell short on 14 Apr. Yes it dropped a lot but its going to go much lower. IHS Last signal sell on 3 Apr. Very narrow and pinched bollinger bands. Bias for a downside break. (15 Apr. note--this is a short sell at this point. Going into a downtrend. Support at $35.00 from current $37.50.) IIT Last signal sell on 16 Apr. INTC Last signal buy on 20 Apr. Hard to say what this is going to do next. Narrowing bands, decreased volatility, neutral/flat trend. IOM Last signal sell or sell short on 16 Apr. IRIDF Last signal buy on 20 Apr. This break today was from very narrow bollinger bands. Should be a good sized move. JLG Last signal sell on 20 Apr. KLIC Last signal buy to cover on 14 Apr. Its been on a downtrend. (17 Apr note about to give a sell short signal.) LCCI Last signal buy to cover on 13 Apr. (20 Apr note--very close to a sell short signal.) LSI Last signal buy on 14 Apr. Trends is still up. LTBG Last signal buy on 13 Apr. Still in an uptrend. LTXX Last signal buy to cover on 15 Apr. Was at a support level as well. Sometimes it pays to anticipate signals. MAIN Last signal buy to cover on 14 Apr. MEDA Last signal buy to cover on 17 Apr. It found a way to bounce off of $10 to the upside after all. MIND Last signal sell short on 13 Apr. MPDI Last signal sell short on 17 Apr. MSFT Last signal buy on 9 Apr. Its breaking higher also. Buy in the money calls. MU Last signal buy to cover on 14 Apr. I did this morning (sold puts for a profit when MU was at $28 1/8.) MUEI Last signal buy on 16 Apr. NORT Last signal sell short (can't) on 16 Apr. NSCP Last signal sell or sell short on 17 Apr. Very high volatility. Can play the countertrend drop. NTBK Last signal buy on 14 Apr. Still in an uptrend. ORCL Last signal sell short on 16 Apr. A good short because there has not already been a large price move. I'd expect a drop to $25. OXHP Last signal buy on 15 Apr. Slight uptrend. I'd expect a run to resitance at $20 which is half past resistance at $17.50.) PNDA Last signal buy or buy to cover on 8 Apr. (15 Apr note--another buy signal today. Sell at $6.00 even.) PRMS Last signal buy or buy to cover on 8 Apr. PSIX Last signal buy on 17 Apr. QCOM Last signal buy on 14 Apr. (15 Apr note--still looking for that upward break. They announce earnings next Tuesday.) QWST Last signal sell short on 20 Apr. Nice predictable flowing curve down. Picture perfect short. Nice downtrend. Stochastics curving over gently. Load up the truck REMC Last signal sell or sell short on 16 Apr. Turning into a downtrend. RIG Last signal sell or sell short on 20 Apr. RMBS Last signal sell on 6 Apr. RMDY Last signal was a buy on 15 Apr. Good solid uptrend. SEEK Last signal sell or sell short on 17 apr. Very high volatility makes it a good play for a countertrend drop. SFY Last signal buy on 15 Apr. Breaking out to upside. Expect resistance at $20.) SHVA Last signal sell or sell short on 14 Apr. SMOD Last signal sell or sell short on 20 Apr. Neutral trend and decent volatility. Play between the bands. Watch out for bounce off of the middle band. SOCR Last signal buy to cover on 20 Apr. SUNW Last signal sell short on 17 Apr. Nice downtrend and stochastics are curving over. SYNT Last signal buy on 20 Apr. TDFX Last signal sell on 20 Apr. TMAR Last signal sell on 20 Apr. Could be a fakeout on narrow bollinger bands. TMX Last signal buy to cover on 8 Apr. (15 Apr note--looking for that next short opportunity. Its probably 3 days away.) TRBO Last signal buy to cover on 16 Apr. TSSW Last signal buy or buy to cover on 27 Mar. Under $5 stock. Big move today. Watch for price reistance and price slowdown, price volume divergence etc. to pick out top. I'd pick a profit target of about $3.50. (16 Apr--another buy signal today.) TTRR Last signal buy to cover on 9 Apr. About to give a sell signal. Volatility is also high enough to short it. UEIC last signal sell on 9 Apr. About to cross middle band. (15 Apr note--Consolidating as volatility decreases. Still a real good uptrend.) UTX Last signal buy on 1 Apr. Volatility is actually quite low on this one, so I don't expect any price drops on the next sell signal. VECO Last signal buy on 14 Apr. Good uptrend. Low volatility. Primed for a break upwards. Good one to buy May $35 calls in the money.) VLSI Last signal buy on 13 Apr. (15 Apr, note--buy signal really pays off. Hold it and watch for a peak in volatility and/or sell on stochastics.) WCII Last signal sell short on 13 Apr. (17 Apr note--I'd expect a bottom at $37.50 to start. The trend is moderately down. I'd expect a countertend rally. Its about to give a buy signal on stochastics as well.)(20 Apr. note its right at the support level. Closed at $37 3/8. Should bounce here.) WFC Last signal buy on 3 Apr. (15 Apr note-- Its about to give its first sell signal, but due to the strong trend we're going to ignore and wait for a greater breakdown in stochastics before selling. I'd expect it to go to $380 and drop back to $360 before then going higher again.) WTT Last signal sell on 17 Apr. (15 Apr note--Its right at the upper band now, and the trend is slightly down. Watch it closely because it likely to break downward from this resistance level. Put in a stop at about $7 5/16 for now.) XCIT Last signal sell or sell short on 17 Apr. Play the countertrend drop on the high volatility.