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Pastimes : ASK Vendit Off Topic Questions
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To: Vendit™ who wrote (1184)7/27/1999 9:50:00 PM
From: Jim Baker  Read Replies (1) of 19374
 
Vendit - MACD certainly proved right today. For most of the day, the candle hovered around 101 and looked like a spinning top in the making; also Stochastic 5-3-3 and Williams %R were pointing just a little bit upward. The temptation was to jump in and buy at the bottom, but MACD was solidly negative and getting more so - a "best friend" indicator for today.

Jim
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