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To: RGinPG who wrote (3200)9/22/1998 2:27:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Ron, I shorted FGII this morning after two doses of bad news came out (one from GLM and one from RON). I have totally abandoned the stochastics for the OSX stocks since you left as the long stochastic is worthless in a straight up or straight down environment. I have continued to use BB to track them though. However, if they can find support and stage another sustainable (at least 3 days) of rebound, then your short stochastics may be useful again. We shall see. Thanks for reincarnating your site.

LT - got INTV short filled at 23 7/8.

NKE - when MJ announces his decision to hang up his pair of Nike, NKE will tank at least 5%. That day can come anytime now. For today, tomorrow and forseeable future, $39 is a resistence. This is not a strong resistence however, not at par with $43 being THE support and now THE resistence.