Excite [XCIT], an exciting stock to own in 1999! Message Board

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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: Andeveron who wrote (2014)	7/13/1998 9:00:00 PM
From: Joe Williamson	Read Replies (1) of 3183

Of course MACD still looks negative; it's not a short term trading indicator, but more of an intermediate term one. When XCIT turned down 3 months ago MACD gave a sell signal about 3 days from the bottom. It will be several days (and several $$$) before MACD turns positive if this reversal stays in tact. It didn't 3 months ago; the stock rallied from a low of about 55 to 76 in a weeks time while MACD continued to trend down.

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