SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: HELEN DEVRIES who wrote (2219)12/16/1998 9:47:00 PM
From: DM  Read Replies (1) | Respond to of 56535
 
All
I have a TA questions for anyone who might be able to help. I have been reading about the stochastic indicator and one person uses a 8 day time frame..someone else using a 23 day time frame...both give different signals..Any clue as to how to decide which is better..I am using this to find stocks for plays that i will be in 5 days or less.

Thanks very much
DM



To: HELEN DEVRIES who wrote (2219)12/17/1998 12:25:00 AM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Helen: If this were in any other sector right now, I would not even consider reentering. They have virtually no cash, declining revenue, difficult technology, probably up to their ears in debt ....... but it is starting to get noticed it looks like.

Good volume today but I would be very careful. This thing could blow much higher, as many worse off stocks have. But there is nothing compelling here that I see that says they will. They are very overpriced......but they ARE in the right sector right now. If you do reenter, and it turns against you, do not wait to sell. Sell immediately. At that price, you can always get back in relatively cheap.

Good luck

TJ