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To: William Epstein who wrote (6124)10/30/1998 3:48:00 AM
From: David Jones  Read Replies (1) | Respond to of 7841
 
It's late and printer just crashed Netcrap. SO here goes again!
Looking at the chart the fast/slow moving averages. Sense the end of June the fast has moved above the slow. At mid July, mid August, end of September and the one two weeks ago. Each reversal came when the stochastic moved above 80 except two weeks ago when the price reversed around 70. Each move gave about a point and a half. We've gotten a half and stochastic is sitting at 56 and 64. Maybe we get a point before it corrects or maybe it reverses tomorrow and it builds more wedge? Too tired to print and pencil lines up. In the morn.
Dave