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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (23033)5/29/1998 9:33:00 AM
From: RGinPG  Respond to of 95453
 
I've found the stochastics thing doesn't work as well on individual issues as it does on the sector as a whole. I've used it with some success on individual issues, but have gotten burned also, like with some premature buy signals on MDCO and the land drillers. From now on, I'm not buying until I get confirmation of a turnaround from the rest of the sector, like we have now. (Also, I'm not abusing my margin account again). I'm still learning.