The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (25104)	1/7/1999 7:18:00 AM
From: Mike Perras	Read Replies (1) of 79429

Hi Doug R: As a non TA investor, I'd like to ask you a question about CMGI. MACD = 7.87 Signal = 6.90 re this chart iqc.com On IFMX .. MACD = 0.71 Signal = .44 iqc.com Using candlesticks, both stocks look like there is buying VS selling. Could you explain why the MACD is so different for both these stocks. I tend to like stocks with very low MACD readings .. is there a simple story to be told for higher & lower MACD numbers. Hope this doesn't seem like a foolish question. Many thanks for your efforts, Mike

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