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To: Susan Saline who wrote (7911)6/1/1998 2:08:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 9262
 
[ CEXP ]

Susan,

No, I didn't pick it up. :o(

I was just watching it because I took a cautionary stance with the overbought stochastics and price at the upper Bollinger Band boundary. I guess the Ascending Triangles take precedence over these potentially overbought conditions.

I've been wondering about the effectiveness of stochastic readings for the past month now, in particular when it gives overbought readings. Maybe I need to start tinkering with some other indicator to give me a better read, because this isn't the first time that I've been kept to the sidelines from a profitable situation because of an overbought state reading.

Regards,

Rainier