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Non-Tech : PSUN A new breakout at $30+!
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To: Toby Zidle who wrote (1301)6/30/1999 10:50:00 PM
From: Duane L. Olson  Read Replies (1) of 1622
 
Toby...thanks for the thoughts.... Among the various MACD intrepretations, I have found a simplistic aspect of the IQC version
to be the most useful.... Once the MACD itself goes positive, that's an UP indicator for me, without waiting for the MACD signal. In the following chart, for example, I read it as three days positive:
207.95.154.130
I'm sure there are other versions which serve better for different applications than mine... But if someone is using an MACD which is indicating "negative" as the stock goes up, I get suspicious of the value of that reading. In the current move, for example, an MACD indicator which turned me away from the 5-point (25+%)gain through today would swiftly move to my back burner.
Given a choice of only one version of an MACD, which do you find most useful, Toby?
TSO
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