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S&P 500
7,165.08
(
0.80%
)
US TECH 100
26,538.40
(
1.85%
)
Dow Jones
49,230.71
(
-0.16%
)
Brent Oil
101.11
(
-0.41%
)
Bitcoin
79,145.63
(
0.62%
)
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Ek

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Ek

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Re: hk2 post# 7677

Wednesday, 06/11/2003 4:23:35 PM

Wednesday, June 11, 2003 4:23:35 PM

Post# of 13554
hk2: as i understand it, stochastics make for a somewhat unreliable indicator in trending markets (farley, murphy et el). as long as there is macd supporting the rise, mkt can get and stay overbought (on the stochs) for quite some time.

in sideways mkt, the reverse holds true.

jmho.

ek
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