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Strategies & Market Trends : Metastock 6.0 for Window

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To: David R. Evans who wrote (1854)4/4/1998 11:18:00 AM
From: gbr  Read Replies (1) of 4056
 
Hi Dave,
Thanks for sharing with us the indicators you use. I have one question. Do you take in consideration Divergences between the stock price and indicators? I have notice when I look at the ROC indicator, it made a new high at 2/13/98, and been on a downtrend ever since, while the price of IP was going up. This would be a warning sign. The same thing can be said with the MACD 8-17-9 Indicator as well. I'm still learning and would love to hear your comments on the subject of Divergences.

Thanks again for your lessons
gbr
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