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Strategies & Market Trends : today's chart

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To: F Robert Simms who wrote (250)	8/4/1997 11:18:00 PM
From: Bill Sandusky	of 1267

Bob, The MACD you're referencing (I think) covers an extremely short-term period. Perhaps that's what's distracting you. You may be looking at daily data or some other time period. Best way to use the CCI/Macd combination is to first look for significant reversals in CCI then look for MACD confirmation. The most recent (significant) CCI reversal on the 500 Vol Bars chart of SPNSF occured on 8/1 at 12:09pm. Closing price at the time was 6.375. MACD didn't confirm CCI's Sell Alert till 9:40am on 8/4. In the meantime, price had moved to a high of 7.437 at 9:34am on 8/4 and started falling almost immediately. Price range at 9:40am: High=7.187; Low=6.937. To get maximum benefit from CCI you MUST WAIT FOR CONFIRMATION from MACD. Best way to convince yourself it works is to look at LOTS of CHARTS (hundreds of them). <g> Good trading, Bill

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