Replies to post #13929 on The Graystone Company, Inc. (GYST)

[PROPHET-of-PROFITS]

mmmm just the most popular and accurate trading tool imo... (:

the Stochastic Oscillator "doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price." As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, and most important, signal that Lane identified. Lane also used this oscillator to identify bull and bear set-ups to anticipate a future reversal. Because the Stochastic Oscillator is range bound, is also useful for identifying overbought and oversold levels.

i'm practically religious when it comes to the slow STO and the SAR!

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:stochastic_oscillator

PSAR has become a very important indicator in recent yrs. check out the SAR on the 60min chart...