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Biotech / Medical : Foundation Health System (FHS), HMO also known as PHS -- Ignore unavailable to you. Want to Upgrade?


To: Helen MacMillan who wrote (5)3/11/1999 5:04:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 18
 
Helen: yes I see it Overbought on Stoch as well, but sometimes that status can carry on for a while, or not, so I do agree it pays to be cautious in OB status; I was thinking that if overall market wants to set new highs, that even laggards like FHS might be pulled along, that combined with recent turnaround reflected in earnings release might do the trick for a quick pop
I am not skilled in TA, but I did get a buy signal a couple of days ago on Clearstation charts, and these have been pretty reliable, this buy is based upon macd turning up over 0.0 line, fast line over slow and some increase in volume accompanying the rise from the 8+ price range.
What is %W?
I'll be keeping a tight stop on my 600 shares, in any case
Thanks for your response, thoughts
Regards,
vocex