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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Maestro who wrote (22521)11/3/1998 3:39:00 PM
From: Doug R  Respond to of 79325
 
Maestro,

I'll be plugging in some hypothetical closes on OXHP here to see what it will take for the 8, 3, 5 stochastics to start rolling over. That's a good parameter set for that indicator which fits the kind of move OXHP has made. When it hinges at the top, it'll be time to short. So far it looks like a short near the close here will work well.

Doug R



To: Maestro who wrote (22521)11/3/1998 3:53:00 PM
From: Doug R  Respond to of 79325
 
Maestro,

I just went short on it. It has to break well above 13 1/8 to have enough to continue. It ain't gonna do that.

Doug R