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Strategies & Market Trends : Technical Analysis - Beginners

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To: David N. Jones who wrote (11072)	1/29/2001 10:50:58 PM
From: Monty Lenard	of 12039

David, sorry so long getting back to you. Just choose a realative fast and a slow macd(whichever ones suits your fancy). Let them both get in sync (up real high or down real low). I am talking about EXTREMES. You will probably see the stock also trading at or above the upper bollinger band or lower bollinger band. I start looking for a candle sell or buy at that point telling me when to go for it. I truly believe the candles are a leading indicator (works for me) and when I have the macds (lagging indicator) both on my side I enter with confidence. Especially the slow macd. Brooke is the expert on macds .... she taught me her methods and I incorporated them into my style. I am not good at explaining things. I see them and I understand them but to reduce them to writing is not my long suit. Monty

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