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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 12 4:00 PM EST

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To: Thomas C (Hijacked) who wrote (16129)	5/20/1998 1:23:00 AM
From: Chris	Read Replies (1) of 67879

as you can see from that chart example that dave_s provided, it shows that even though you have a MACD weekly sell, it doesn't mean crash.. BUT YES, it means we aren't going up... from that chart example (august 1997 to jan 1998), it was a consolidation (yeah, with the oct 1997 crash, but we recovered quickly) so, in a way = yes, we are on sell signal (my charts show that too), BUT it doesn't mean a crash.. it just means, we aren't going up. my charts for your viewing pleasure are : geocities.com go to the SP500 chart (not updated), but you can see, i saw a weekly sell as well.. the MACD that we are looking at is actually quite late. hope it helps.. good looking out..

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