Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject	9/28/2002 6:26:06 PM
From: Walk Softly	Read Replies (1) of 6873

I'm using a 12-25-9 MACD as a momo indicator.... noticed that this week's move to the 7,680 region was on significantly higher momo than the week of 7/22.... this is a fairly powerful indicator of momo building to the upside.... and is indicative of a tradable rally off a double bottom.... anybody here care to comment? the converse is true for shorting.... a second rally to a recent high on lower momo portends a market top.....

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