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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Carolyn S. who wrote (4379)12/18/1997 7:50:00 PM
From: James Strauss  Read Replies (2) of 4701
 
Falling Knives...

>>>Boy - lots of falling knives out there today. I almost grabbed for a couple. But all these big fresh bandages on my hands made me hesitate.<ggg><<<
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Carolyn:

I was tempted on some myslef, but held back because MACD was negative... Wait until MACD turns positive before considering these "Bargains"... : >

BOBJY is a good example of a company whose MACD has turned positive and resisted the market downturn today...

Jim
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