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Strategies & Market Trends : Befriend the Trend Trading
SPY 687.01-0.1%Dec 30 4:00 PM EST

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To: Dr. Stoxx who wrote (2674)1/19/1999 9:43:00 AM
From: Ken Adams  Read Replies (1) of 39683
 
TC,

Here's a strange! I went to Ask and did as you suggested, using their default parameters of 12/25 (I don't plot a "trigger"). I saw exactly what you said, a negative MACD, and falling.

Taking those same parameters to my WOW program and plotting them on my old chart for CLFY, gave these numbers, all positive: 1/13 = 0.505, 1/14 = 0.3941, 1/15 = 0.399. Once again, a turn up in MACD.

I can't defend any of this, as I long ago had my confidence shaken in the way software calculates these formulae. I think the safest thing to do is to stay with just one formula, on whatever software you choose. Much like always weighing yourself on the same scale. You get relativity, even if the numbers aren't exact.

Looking closely at ENZN this morning for the next half hour, or so.

Ken
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