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Strategies & Market Trends : Three Amigos Stock Thread

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To: freelyhovering who wrote (17473)12/7/1999 7:54:00 PM
From: theshaker  Read Replies (2) of 29382
 
Hi Myron:

I have been following the TA advice you posted in post # 17473 for the last couple of weeks and am intrigued. But I am also perplexed in that I am not sure that I understand the "reverse" part. i.e. the "alert to sell" and "sell" signals.

Does this mean when the 5 crosses the 9 and the 9 crosses the 18 on the way DOWN? I assume that is the case.

Of the stocks that I have followed using this it certainly seems to work for the buy part but I get a little lost on the sell.

Could you please clarify this for me? Talk to me like I am a five year old as I am still (despite many hours)very much a beginner.

Many thanks in advance.

DOH
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