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Strategies & Market Trends : Picks you can sleep on. -- Ignore unavailable to you. Want to Upgrade?

To: margin_man who wrote (334)5/3/1999 11:51:00 AM
From: MIKFREE  Respond to of 2241
 
Hehe, on the 1 min chart, stochs show %K at 1 !! %D is 6, so haven't crossed over yet, but close!



To: margin_man who wrote (334)5/3/1999 11:54:00 AM
From: MIKFREE  Respond to of 2241
 
On the other hand, 5 min chart shows a sell signal, but not strong, K is 60



To: margin_man who wrote (334)5/3/1999 11:55:00 AM
From: MIKFREE  Respond to of 2241
 
Never mind, K on 5 min went to 76 just now. I think i will have to go by 15 or 30 min chart.



To: margin_man who wrote (334)5/3/1999 12:04:00 PM
From: MIKFREE  Read Replies (2) | Respond to of 2241
 
I can draw a trendline (uptrending) connecting three bottoms, one on 4/21, one on 4/28 and a third on 4/29. At this point the line is just below price at a little above 12 3/8. By the end of the day, this line should be at 13. So if it hangs around 13, tomorrow, it may be a good time to get back out, if you go by this.


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