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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: michael liu who wrote (17598)	12/30/1998 4:11:00 PM
From: TATRADER	Read Replies (3) \| Respond to of 18263

TA--briefly, as you saw today, I nailed the reversal.. On strongly trending stocks with ADX over 35, we study the faststochastic 8 day. When it moves below 20, and then moves above 20, it generates a short-term buy signal. Secondly, on a stock with ADX greater than 30, and you have 3 lower lows or two lower lows and an inside day, we look to buy a couple of tics above the prior day's high..Stock closed today above its open..Should now enter the bollinger band trading range from 3.68-5.25...Could add a lot more but don't have the time..Take care..Mark