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To: SliderOnTheBlack who wrote (31292)10/29/1998 11:56:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
I've got the majority of the stocks giving sell signals now with the Peak sell system, including the OSX itself. That's not to say we'll go straight down from here, we could get one or two up days in between. That's when I'll find out if I have the stuff to stick with the system, or if I chicken out. But I'm already ahead so maybe that will help me hang in there.

I have never seen a clearer technical situation than this. If it's wrong, it won't be because I misinterpreted the stochastics, it will be because the stochastics aren't reliable anymore.

osxstocks.com



To: SliderOnTheBlack who wrote (31292)10/30/1998 8:25:00 AM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
Just a note on stochastics as a trading tool.

For anyone out there who thinks a stochastic oscillator is a magic bullet which can nail upturns and downturns in a stock or index, I strongly urge you to do your own research so that you understand this tool. And, if you are following Ron's excellent site, also understand how Ron is using them. Stochastics have variables which can be adjusted, and there are many ways to use stochastics for trading (divergences, crossovers, overbought/oversold, etc.). I have found stochastics very useful in many circumstances.

(Not directed to Ron or Slider. I know you guys understand this stuff -- probably a lot better than I do.)

CNBS giving some good play to HAL earnings, calling it a positve .03 surprise.