they want it bad, page-5

re: overbought The talk of a stock being overbought re RSI, stoch applies to a stock within a trading range. But I would be reluctant to use these terms to categorise an obviously trending stock. If you view the charts on both fast and slow stoch (weeklies) BSG was overbought for 4 mths from mid May to mid Sept 05 and more than doubled over this time. Now during this last run BSG has been overbought for 1 mth, and has increased 60%. The dailies show a gap which looks like a breakaway rather than an exhaustion gap (judging by preceeding movements). I would rate the changes of ever seeing BSG trading at less than $1.40 as being minimal ie <20%. Again this a stock I have never advocated trading, and I have simply accumulated on the way up and I still see plenty of blue sky. Do your own due diligence etc.