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If you set it up for the 1/2 cycle.
-- wrote:
> : ----- Original Message -----
> : From: "Ira Tunik" <irat@xxxxxxxxx>
> : To: <realtraders@xxxxxxxxxxxxxxx>
> : Sent: Wednesday, May 16, 2001 11:17 AM
> : Subject: Re: [RT] 5/18 & 5/22 NASDAQ Turning Points
> :
> :
> : As far as I am concerned, the stochastic indicator is the only one that
> : tells you where you are now in relation to the cycle you are trading
>
> George Lane originally setup his stochastic to work on EOD data and he uses
> 14 bars as his lookback period because it is 1/2 of the lunar cycle. Are you
> sure that this is the definitive indicator for use in intraday trading?
>
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