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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper -- Ignore unavailable to you. Want to Upgrade?

To: Gregory Che who wrote (375)	6/24/1998 9:34:00 PM
From: Slava Chechik	Respond to of 438

Thank you. Slava Chechik

To: Gregory Che who wrote (375)	6/28/1998 10:39:00 PM
From: ted cerezo	Respond to of 438

Hi Greg...Actually I find 5 period %K also interesting. Even a 1 period %K or %R is interesting when applied to very strong explosive trend but it is better to use a 5 period %K or 5 period stochastics on the 60 minute/hourly bar chart timeframe instead, while at the same time using the ADX on the daily bar chart. George Lane of stochastic fame coined the term 'set-up' for a particular pattern. Although his original interpretation can be valid after a extended trend, I instead came to an opposite conclusion. Andrew Cardwell, a number of years ago, did some research on the RSI and coined a term called (oscillator) reversal. He has some critics but his basic research is valid.....Ted