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Strategies & Market Trends : Rande Is . . . HOME

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To: Jason W who wrote (9699)	7/15/1999 5:05:00 PM
From: Kevin Shea	Read Replies (1) of 57584

Jason; A lot of TAers look for potentially hot stocks that exhibit a 60 min crossover in MACD (how's that for gibberish!)... Well, it happened yesterday.... and TAers who do their analysis end of day would have seen it on their scans and likely entered this AM.... It also exhibits a break of a daily pattern that shows price crossing a short term MA So from a TA perspective there was a lot of reason to enter....at the bottom... today's action set the foundation for advancement (at least in the short term.. How's that for one reason...either that or you have A LOT of friends

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