MACD has been good to me....How about You? Message Board

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Strategies & Market Trends : MACD has been good to me....How about You?

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To: AugustWest who wrote (158)	8/26/1998 7:20:00 PM
From: TLindt	Read Replies (2) of 1109

*CYCH, MACD is borderline, but did a 180 turn today, and may give tomorrow(That's where I was talking about losing 20+% on the in/out thing a month or so ago).** There are 2 ways to get the 20% you say you are missing on MACD.. 1) You can go on guts...when you first see the slower average first turn up or down[the bars] 2) You can look at the segment...a prime example would be to consider what is going on with Yahoo, Excite, Lycos & Infoseek. Yahoo is just barely hanging in there, Excite is a Sell, Lycos is a Buy, and InfoSeek just turned down today.....if you go on majority rules then if Lycos or Yahoo fail they are all done for now. No matter if the Lone Ranger happens to be Yahoo or Lycos. Get ride of it. ie..that's the only reason why I'm still holding Lcos...Yahoo is my barometer...it fails I'm gone till next time. History, finale, done, over, outa-here..

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