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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (8949)11/23/1998 11:15:00 AM
From: David R. Evans  Read Replies (2) of 12039
 
Hello Richard & All,

Well thank you Richard, I appreciate that......

For the MACD's, try (8-17-9), (12-26-9), (13-34-89)..... I will use either (12-26-9) or (13-26-9) for my middle MACD... There is really not much difference between them so either one will do..

Brian's method is a nice spin off and would work well.. I always believed you should add when a stock is GOING UP!!, not when it is going down... When a stock is going down, AND your systems tells you to get out, you should sell......

When a stock is going up, AND your system says it is a strong move, you should either HOLD ON or BUY MORE!

In many cases this is the time when people sell to "protect profits" and they are the ones who will lose in the long run....

It's a game of %'s so you need to put the %'s in your favor..... The BEST way to do this is RIDE YOUR WINNERS!!!!

Dave Evans
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