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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (8764)5/21/1998 11:00:00 AM
From: Chris   of 42787
 
Talk : Market Trends : Technical analysis for shorts & longs

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To: Thomas C (16141 )
From: Chris Thursday, May 21 1998 10:59AM ET
Reply # of 16150

hi thomas,

i was about to compare charts and post them.. but i find your post/charts/website had all the "goodies' there <g>

nice job..

as a final conclusion to our discussion: i think one thing is for sure: until the macd gives buy signals/bottoming signals, the mkt isn't going to go up.. the question of "how low can the mkt go on a MACD sell", can't be known of course.. but it can be a BAROMETER for risk.. on MACD sell, risk is high.. taking profits and moving into smaller positions/defensive posture is necessary..

you've done some excellent research.. keep up the good work. feel free to pass along any info/signals.

best of luck

Chris Chang
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